Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Ashland Inc (NYSE: ASH) closed the day trading at $49.69 up 0.53% from the previous closing price of $49.43. In other words, the price has increased by $0.53 from its previous closing price. On the day, 0.73 million shares were traded.
Ratios:
For a better understanding of ASH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.55.
On March 26, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $68 to $71.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 31 ’25 when NOVO GUILLERMO bought 31,294 shares for $64.24 per share. The transaction valued at 2,010,327 led to the insider holds 31,294 shares of the business.
Assis Alessandra Faccin bought 3,150 shares of ASH for $201,600 on Jan 31 ’25. The SVP and GM, Life Sciences now owns 3,150 shares after completing the transaction at $64.00 per share. On Dec 05 ’24, another insider, BONI ERIC N, who serves as the VP, Finance & Prinpl Acctg Off of the company, sold 451 shares for $78.07 each. As a result, the insider received 35,210 and left with 14,182 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.89.
Stock Price History:
Over the past 52 weeks, ASH has reached a high of $102.50, while it has fallen to a 52-week low of $45.21. The 50-Day Moving Average of the stock is -9.97%, while the 200-Day Moving Average is calculated to be -32.80%.
Shares Statistics:
A total of 47.18M shares are outstanding, with a floating share count of 46.63M. Insiders hold about 1.16% of the company’s shares, while institutions hold 89.14% stake in the company.
