ACNT
Price
$10.15
Change
-$0.03 (-0.29%)
Updated
May 9, 6:59 PM EST
88 days until earnings call
FRD
Price
$18.59
Change
-$0.02 (-0.11%)
Updated
May 9, 6:59 PM EST
48 days until earnings call
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ACNT vs FRD

Header iconACNT vs FRD Comparison
Open Charts ACNT vs FRDBanner chart's image
Ascent Industries
Price$10.15
Change-$0.03 (-0.29%)
Volume$3.91K
CapitalizationN/A
Friedman Industries
Price$18.59
Change-$0.02 (-0.11%)
Volume$1.7K
CapitalizationN/A
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ACNT vs FRD Comparison Chart

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FRDDaily Signal changed days agoGain/Loss if shorted
 
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VS
ACNT vs. FRD commentary
May 10, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ACNT is a Hold and FRD is a Hold.

COMPARISON
Comparison
May 10, 2024
Stock price -- (ACNT: $10.15 vs. FRD: $18.80)
Brand notoriety: ACNT and FRD are both not notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: ACNT: 82% vs. FRD: 49%
Market capitalization -- ACNT: $103.07M vs. FRD: $129.9M
ACNT [@Steel] is valued at $103.07M. FRD’s [@Steel] market capitalization is $129.9M. The market cap for tickers in the [@Steel] industry ranges from $41.81B to $0. The average market capitalization across the [@Steel] industry is $5.7B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ACNT’s FA Score shows that 1 FA rating(s) are green whileFRD’s FA Score has 2 green FA rating(s).

  • ACNT’s FA Score: 1 green, 4 red.
  • FRD’s FA Score: 2 green, 3 red.
According to our system of comparison, FRD is a better buy in the long-term than ACNT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

FRD’s TA Score shows that 5 TA indicator(s) are bullish.

  • FRD’s TA Score: 5 bullish, 3 bearish.

Price Growth

ACNT (@Steel) experienced а -0.98% price change this week, while FRD (@Steel) price change was -2.99% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was +0.41%. For the same industry, the average monthly price growth was -2.36%, and the average quarterly price growth was +6.44%.

Reported Earning Dates

ACNT is expected to report earnings on Aug 06, 2024.

FRD is expected to report earnings on Jun 27, 2024.

Industries' Descriptions

@Steel (+0.41% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
A.I.dvisor published
a Summary for ACNT with price predictions.
OPEN
A.I.dvisor published
a Summary for FRD with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
FRD($130M) has a higher market cap than ACNT($103M). FRD YTD gains are higher at: 21.759 vs. ACNT (6.172).
ACNTFRDACNT / FRD
Capitalization103M130M79%
EBITDAN/AN/A-
Gain YTD6.17221.75928%
P/E RatioN/A7.40-
RevenueN/AN/A-
Total CashN/A4.01M-
Total DebtN/A47.2M-
FUNDAMENTALS RATINGS
ACNT vs FRD: Fundamental Ratings
ACNT
FRD
OUTLOOK RATING
1..100
6677
VALUATION
overvalued / fair valued / undervalued
1..100
59
Fair valued
15
Undervalued
PROFIT vs RISK RATING
1..100
10021
SMR RATING
1..100
9656
PRICE GROWTH RATING
1..100
5139
P/E GROWTH RATING
1..100
584
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

FRD's Valuation (15) in the Metal Fabrication industry is somewhat better than the same rating for ACNT (59) in the Miscellaneous Manufacturing industry. This means that FRD’s stock grew somewhat faster than ACNT’s over the last 12 months.

FRD's Profit vs Risk Rating (21) in the Metal Fabrication industry is significantly better than the same rating for ACNT (100) in the Miscellaneous Manufacturing industry. This means that FRD’s stock grew significantly faster than ACNT’s over the last 12 months.

FRD's SMR Rating (56) in the Metal Fabrication industry is somewhat better than the same rating for ACNT (96) in the Miscellaneous Manufacturing industry. This means that FRD’s stock grew somewhat faster than ACNT’s over the last 12 months.

FRD's Price Growth Rating (39) in the Metal Fabrication industry is in the same range as ACNT (51) in the Miscellaneous Manufacturing industry. This means that FRD’s stock grew similarly to ACNT’s over the last 12 months.

ACNT's P/E Growth Rating (5) in the Miscellaneous Manufacturing industry is significantly better than the same rating for FRD (84) in the Metal Fabrication industry. This means that ACNT’s stock grew significantly faster than FRD’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
FRD
RSI
ODDS (%)
N/A
Stochastic
ODDS (%)
Bullish Trend 1 day ago
66%
Momentum
ODDS (%)
Bearish Trend 1 day ago
60%
MACD
ODDS (%)
Bearish Trend 1 day ago
62%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
66%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
78%
Advances
ODDS (%)
Bullish Trend 1 day ago
75%
Declines
ODDS (%)
Bearish Trend 3 days ago
65%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
74%
Aroon
ODDS (%)
Bullish Trend 1 day ago
69%
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ACNT and

Correlation & Price change

A.I.dvisor tells us that ACNT and SID have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ACNT and SID's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ACNT
1D Price
Change %
ACNT100%
-0.29%
SID - ACNT
28%
Poorly correlated
-1.45%
MSB - ACNT
24%
Poorly correlated
-0.30%
FRD - ACNT
23%
Poorly correlated
+0.97%
NWPX - ACNT
22%
Poorly correlated
+3.45%
CMC - ACNT
21%
Poorly correlated
+2.37%
More