ASIX - Why You Should Not Invest In AdvanSix
I think that it is best to avoid investing in (ASIX). The market outlook for ASIX’s products looks grim, and raw material prices are increasing, tracking underlying oil prices. The demand for ASIX’s products is softening, particularly in the nylon and chemical intermediaries fronts, as seen by sales.
On a positive note, the operational performance looks reliable, and the company is pushing for high utilization rates, which means that the company is closely monitoring operating expenses. Moreover, I am not concerned about the company's financial leverage.
Although the company is trying its best to contain