Ardagh Metal Packaging S.A (NYSE: AMBP) is -7.97% 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 $2.82 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $2.77, the stock is -0.31% and -0.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing -1.77% at the moment leaves the stock -18.66% off its SMA200. AMBP registered -19.94% loss for a year compared to 6-month loss of -22.63%.
The stock witnessed a 4.53% gain in the last 1 month and extending the period to 3 months gives it a -19.24%, and is -0.36% 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 3.83% over the week and 4.14% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6330 employees, a market worth around $1.66B and $4.91B in sales. Fwd P/E is 12.11. Profit margin for the company is -0.55%. Distance from 52-week low is 10.80% and -34.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.74%).
with sales reaching $1.17B over the same period.The EPS is expected to shrink by -6.85% this year, but quarterly earnings will post 2.47% year-over-year. Quarterly sales are estimated to grow 2.14% in year-over-year returns.
The shares outstanding are 597.70M, and float is at 137.85M with Short Float at 3.43%.
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.
