Avantor, Inc. AVTR Stock Analysis

Avantor, Inc. stock trades under the ticker AVTR & has shown recent bullishness that is worth taking a closer look at.

AVTR closed at $40.38/share on 10/29/2021.

Avantor, Inc. AVTR Stock’s Technicals Broken Down

Avantor, Inc. AVTR Stock's Technical Performance For The Last Year
Avantor, Inc. AVTR Stock’s Technical Performance For The Last Year

AVTR Stock Price: $40.38

10 Day Moving Average: $38.38

50 Day Moving Average: $40.33

200 Day Moving Average: $34.29

RSI: 56.3

MACD: -0.584

On Friday, AVTR stock completed a bullish MACD crossover, while also gapping up 5.4%.

In the process, they also bullishly crossed their 10 & 50 Day Moving Averages.

With ~5% between the 10 & 50 Day MA’s, there looks to be additional bullish support to come in the near-term.

The $41.51-level is the next stop on resistance, and with a neutral RSI that looks to be the next stop in the coming days for AVTR.

Avantor, Inc. AVTR Stock As A Long-Term Investment

AVTR can give investors exposure to the Specialty Chemicals industry as they look to balance their portfolios.

AVTR has a P/E (ttm) of 89.7 & a P/B of 12.4.

Their Quarterly Revenue Growth Y-o-Y is 14.3%, and they do not offer a dividend yield.

On AVTR’s balance sheet, they have Total Cash (mrq) of $1.43B & Total Debt (mrq) of $5.6B.

Despite these metrics that some investors may not be too fond of, AVTR is 92% held by institutional investors.

Avantor, Inc. AVTR Stock As A Short-Term Trade Using Options

Avantor Inc.’s stock has options contracts to trade, which traders can use to take advantage of their current momentum.

I am looking at the 11/19 expiration dated contracts.

The $40 & $42.50 calls look interesting, with the former being in the money already & the latter being ~5% away.

For puts, the $42.50 & $45 strike prices look like a good way to fend off broader market volatility.

Tying It All Together

Overall, AVTR stock has many advantages for both the near & long-term.

Their valuation metrics may appeal to investors, although their balance sheet may make some investors wary.

In the near-term, their current momentum looks strong & set to continue pushing them higher.

AVTR stock is worth taking a closer look at, regardless of your trading style & time frames.

*** I DO NOT OWN SHARES OF AVTR STOCK ***