Amcor Plc (NYSE:AMCR) currently has a daily average trading volume of 18.06M but it saw 23530215 shares traded in last market. With a market cap of 14.54B USD, the company’s current market price of $10.06 came falling about -0.30 while comparing to the previous closing price of $10.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.48 and as low as $8.80.
Taking a look at 20-day trading activity of Amcor Plc (AMCR) gives us an average price of $10.07, while its current price level is -12.37% below from 52-week high level whereas it is 14.32% 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 $9.77 while that of 200 days or SMA-200 reads an average of $10.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.54% during that period while stretching the period over a month that increases to 1.65%. 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 51.37 which implies that the stock is in neutral territory.
Truist upgraded its recommendation for the stock as a “Buy” from “Hold” on January 06, 2025 while assigning a price target range of $10-$12. Citigroup also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $11 and $12.
Over the week, AMCR’s stock price is moving -3.18% down while it is 2.55% when we observe its performance for the past one month. Year-to-date it is 6.91% up and over the past year, the stock is showing an upside performance of 10.07%.
Currently, Amcor Plc’s total number of outstanding shares is 1.44B with 0.53% of that held by the insiders while 58.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.18% and return on equity (ROE) at 20.60%. It has a price to earnings ratio (P/E ratio) of 18.26 while having a 12.70 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 3.84 while price to sale or P/S ratio amounts to 1.07. Its return on asset (ROA) is 4.85% on average.
