Ardagh Metal Packaging S.A (NYSE: AMBP) is -20.83% lower on its value in year-to-date trading and has touched a low of $3.10 and a high of $4.26 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 $3.15 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $3.04, the stock is -12.97% and -17.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -3.49% at the moment leaves the stock -16.43% off its SMA200. AMBP registered -21.45% loss for a year compared to 6-month gain of -14.37%. The firm has a 50-day simple moving average (SMA 50) of $3.693 and a 200-day simple moving average (SMA200) of $3.6389.
The stock witnessed a -15.79% loss in the last 1 month and extending the period to 3 months gives it a -17.62%, and is -4.70% down 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 2.78% over the week and 2.72% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6437 employees, a market worth around $1.82B and $4.84B in sales. Fwd P/E is 13.35. Profit margin for the company is -1.36%. Distance from 52-week low is -1.78% and -28.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.73%).
The EPS is expected to grow by 36.58% this year
239.0 institutions hold shares in Ardagh Metal Packaging S.A (AMBP), with institutional investors hold 79.51% of the company’s shares. The shares outstanding are 597.69M, and float is at 137.84M with Short Float at 1.60%. Institutions hold 19.05% 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.
