Avient Corporation (NYSE:AVNT) traded today at a new 52-week high of $55.89. Approximately 56,000 shares have changed hands today, as compared to an average 30-day volume of 333,000 shares.
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.
Avient Corporation (NYSE:AVNT) defies analysts with a current price ($55.56) 42.1% above its average consensus price target of $32.19.
In the past 52 weeks, shares of Avient Corporation have traded between a low of $29.85 and a high of $55.89 and is now at $55.56, which is 86% above that low price.
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