Watch for Continued Gains in Shares of Avient Corporation (AVNT)

May 3, 2021 09:50:27

Avient Corporation (NYSE:AVNT) traded today at a new 52-week high of $52.68. Approximately 193,000 shares have changed hands today, as compared to an average 30-day volume of 471,000 shares.

In the past 52 weeks, Avient Corporation share prices are bracketed by a low of $19.10 and a high of $52.68 and is now at $51.45, 169% above that low price.

Avient Corporation (NYSE:AVNT) is currently priced 2.3% above its average consensus analyst price target of $50.27.

Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in three segments: Specialty Engineered Materials; Distribution; and Color, Additives, & Ink. The company’s product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.

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