Ardagh Metal Packaging S.A (NYSE: AMBP) is -9.30% lower on its value in year-to-date trading and has touched a low of $2.50 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 $2.65 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.73, the stock is 1.04% and -5.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 3.02% at the moment leaves the stock -21.73% off its SMA200. AMBP registered -28.35% loss for a year compared to 6-month loss of -20.41%.
The stock witnessed a -3.87% gain in the last 1 month and extending the period to 3 months gives it a -24.59%, and is 4.20% 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 2.88% over the week and 2.85% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6437 employees, a market worth around $1.63B and $4.84B in sales. Fwd P/E is 13.10. Profit margin for the company is -1.36%. Distance from 52-week low is 9.20% and -35.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.73%).
with sales reaching $1.14B over the same period.The EPS is expected to grow by 32.96% this year, but quarterly earnings will post 0.94% year-over-year. Quarterly sales are estimated to grow 0.46% in year-over-year returns.
The shares outstanding are 597.69M, and float is at 137.81M with Short Float at 2.02%.
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 1.699 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 0.9426 and valued at over $19.15 million, while PRIVATE MANAGEMENT GROUP INC holds 0.9274 of the shares totaling 5.54 million with a market value of $18.85 million.
