ACNT Market Cap History



Below is a table of the ACNT market cap history going back to 5/9/2022:

Date ACNT Market Cap
5/9/2022151.76M
5/6/2024101.80M

Also see: ACNT Shares Outstanding History
and ACNT YTD Return
ACNT Historical Market Cap:
-18.14% CAGR
ACNT Historical Market Cap: +-18.14% CAGR

Mouse over chart for data details
5/9/20225/6/2024
Ascent Industries is an industrials company focused on the production and distribution of industrial tubular products. Co.'s segment are: Tubular Products, which includes its subsidiaries: Bristol Metals, LLC, which manufactures welded pipe and tube, primarily from stainless steel, duplex, and nickel alloys; and American Stainless Tubing, LLC, which manufactures ornamental stainless steel tube, supplying to the automotive, commercial transportation, marine, food services, construction, furniture, and healthcare industries. The Specialty Chemicals segment produces formulations and intermediates for use in a variety of applications and industries. We show 2 historical shares outstanding datapoints in our ACNT shares outstanding history coverage, used to compute ACNT market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing ACNT market cap history over the course of time is important for investors interested in comparing ACNT's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of ACNT versus a peer is one thing; comparing ACNT market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like ACNT can fluctuate over the course of history. With this page we aim to empower investors researching ACNT by allowing them to research the ACNT market cap history.
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Ascent Industries (ACNT) is categorized under the Materials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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