Ardagh Metal Packaging S.A (NYSE: AMBP) is 2.66% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMBP stock was last observed hovering at around $3.05 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $3.09, the stock is 6.00% and 9.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 1.31% at the moment leaves the stock -7.29% off its SMA200. AMBP registered -9.65% loss for a year compared to 6-month loss of -18.04%. The firm has a 50-day simple moving average (SMA 50) of $2.8138 and a 200-day simple moving average (SMA200) of $3.3328.
The stock witnessed a 13.60% gain in the last 1 month and extending the period to 3 months gives it a 4.39%, and is 5.10% 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 2.66% over the week and 3.36% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6330 employees, a market worth around $1.85B and $4.91B in sales. Fwd P/E is 13.51. Profit margin for the company is -0.55%. Distance from 52-week low is 23.60% and -27.46% 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.
237.0 institutions hold shares in Ardagh Metal Packaging S.A (AMBP), with institutional investors hold 79.17% of the company’s shares. The shares outstanding are 597.70M, and float is at 137.85M with Short Float at 3.79%. Institutions hold 18.97% 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 1.699 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 1.3598 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.
