Ardagh Metal Packaging S.A. (NYSE:AMBP) currently has a daily average trading volume of 1.62M but it saw 2808022 shares traded in last market. With a market cap of 2.10B USD, the company’s current market price of $3.52 came falling about -4.35 while comparing to the previous closing price of $3.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.17 and as low as $2.57.
Taking a look at 20-day trading activity of Ardagh Metal Packaging S.A. (AMBP) gives us an average price of $3.59, while its current price level is -15.59% below from 52-week high level whereas it is 36.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.68 while that of 200 days or SMA-200 reads an average of $3.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.49% during that period while stretching the period over a month that decreases to 3.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.08 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on April 01, 2024 while assigning a price target range of $4.10-$3.50. Morgan Stanley issued its recommendations for the stock as it initiated the price target for the stock is $3.20.
Over the week, AMBP’s stock price is moving -3.83% down while it is 4.45% when we observe its performance for the past one month. Year-to-date it is -8.33% down and over the past year, the stock is showing a downside performance of -4.35%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.06 beat the consensus estimate of 0.05 for the same. In next quarter, company is expected to be making quarterly sales of $1.18B as analysts are expecting the sales for current fiscal year at $4.92B and seeing the company making $5.07B in sales next year. Moreover, analysts are in estimates of $1.34B for current-quarter revenue.
Currently, Ardagh Metal Packaging S.A.’s total number of outstanding shares is 597.00M with 76.05% of that held by the insiders while 17.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.71% and return on equity (ROE) at -40.16%. It has a 15.61 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to sale or P/S ratio amounts to 0.44. Its return on asset (ROA) is -0.88% on average.
