NYSE:ASHChemicals
Is Ashland (ASH) Offering A Compelling Entry Point After Mixed Multi‑Year Returns?
If you are wondering whether Ashland shares offer good value today, it helps to start by looking at what the recent price action and fundamentals might be telling you.
The stock last closed at US$61.16, with a 7 day return of a 3.4% decline, a 30 day return of 4.2% and year to date and 1 year returns of 2.2% and a 0.7% decline, while the 3 year and 5 year returns sit at a 38.0% decline and a 21.2% decline.
These mixed returns set the backdrop for assessing whether the current price fairly...