Ardagh Metal Packaging S.A (NYSE: AMBP) is -6.64% lower on its value in year-to-date trading and has touched a low of $2.66 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 $2.76 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $2.81, the stock is -0.35% and -11.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 1.81% at the moment leaves the stock -21.11% off its SMA200. AMBP registered -27.01% loss for a year compared to 6-month loss of -22.59%. The firm has a 50-day simple moving average (SMA 50) of $3.1814 and a 200-day simple moving average (SMA200) of $3.5651.
The stock witnessed a -6.95% gain in the last 1 month and extending the period to 3 months gives it a -23.22%, and is 0.72% 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 2.10% over the week and 3.14% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6437 employees, a market worth around $1.68B and $4.84B in sales. Fwd P/E is 13.48. Profit margin for the company is -1.36%. Distance from 52-week low is 5.64% and -34.04% 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 32.96% this year
239.0 institutions hold shares in Ardagh Metal Packaging S.A (AMBP), with institutional investors hold 78.94% of the company’s shares. The shares outstanding are 597.69M, and float is at 137.84M with Short Float at 3.50%. Institutions hold 18.91% 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.
