Ardagh Metal Packaging S.A. (NYSE:AMBP) currently has a daily average trading volume of 1.68M but it saw 1065625 shares traded in last market. With a market cap of 2.02B USD, the company’s current market price of $3.38 came falling about -4.52 while comparing to the previous closing price of $3.54. 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. In the recent trading on the day, stock has struck highest price mark of $3.36 while lowest mark touched by it was $3.465.
Taking a look at 20-day trading activity of Ardagh Metal Packaging S.A. (AMBP) gives us an average price of $3.51, while its current price level is -18.94% below from 52-week high level whereas it is 31.52% 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 $3.50 while that of 200 days or SMA-200 reads an average of $3.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.34% during that period while stretching the period over a month that increases to 2.43%. 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 39.78 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 -5.32% down while it is 2.74% when we observe its performance for the past one month. Year-to-date it is -11.98% down and over the past year, the stock is showing a downside performance of -4.52%.
Currently, Ardagh Metal Packaging S.A.’s total number of outstanding shares is 597.00M. Company’s return on investment (ROI) stands at -1.71% and return on equity (ROE) at -40.16%. It has a 14.81 of forward P/E ratio. Stock’s beta reads 0.60. Stock has a price to sale or P/S ratio amounts to 0.42. Its return on asset (ROA) is -0.88% on average.
