Ardagh Metal Packaging S.A. (NYSE: AMBP) is -3.12% lower on its value in year-to-date trading and has touched a low of $2.57 and a high of $4.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMBP stock was last observed hovering at around $3.70 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $3.72, the stock is 3.39% and 5.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 0.54% at the moment leaves the stock 2.08% off its SMA200. AMBP registered 20.00% gain for a year compared to 6-month gain of 9.73%. The firm has a 50-day simple moving average (SMA 50) of $3.5308 and a 200-day simple moving average (SMA200) of $3.64335.
The stock witnessed a 3.91% loss in the last 1 month and extending the period to 3 months gives it a 7.20%, and is 0.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.63% over the month.
Ardagh Metal Packaging S.A. (AMBP) has around 6437 employees, a market worth around $2.22B and $4.83B in sales. Fwd P/E is 16.30. Profit margin for the company is -1.26%. Distance from 52-week low is 44.75% and -10.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.71%).
The EPS is expected to grow by 34.26% this year
245.0 institutions hold shares in Ardagh Metal Packaging S.A. (AMBP), with institutional investors hold 78.26% of the company’s shares. The shares outstanding are 597.00M, and float is at 137.84M with Short Float at 3.27%. Institutions hold 18.74% of the Float.
The top institutional shareholder in the company is CANYON CAPITAL ADVISORS LLC with over 10.15 million shares valued at $34.53 million. The investor’s holdings represent 1.6993 of the AMBP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.13 million shares valued at $27.63 million to account for 1.36 of the shares outstanding. The other top investors are BOUNDARY CREEK ADVISORS LP which holds 5.63 million shares representing 0.9427 and valued at over $19.15 million, while PRIVATE MANAGEMENT GROUP INC holds 0.9276 of the shares totaling 5.54 million with a market value of $18.85 million.
