Ardagh Metal Packaging S.A (NYSE: AMBP) is 21.29% higher on its value in year-to-date trading and has touched a low of $2.50 and a high of $4.30 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 $4.27 in the last trading session, with the day’s loss setting it -2.14%.
Currently trading at $2.13M, the stock is 5.79% and 15.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 1249120% at the moment leaves the stock 28.61% off its SMA200. AMBP registered 43.85% gain for a year compared to 6-month gain of 41.50%. The firm has a 50-day simple moving average (SMA 50) of $3.7628 and a 200-day simple moving average (SMA200) of $3.36675.
The stock witnessed a 12.47% loss in the last 1 month and extending the period to 3 months gives it a 47.28%, and is 4.84% 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 2.16% over the week and 2.68% over the month.
Ardagh Metal Packaging S.A (AMBP) has around 6330 employees, a market worth around $2.59B and $5.04B in sales. Fwd P/E is 17.66. Profit margin for the company is -0.40%. Distance from 52-week low is 73.20% and 0.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.55%).
The EPS is expected to grow by 2.76% this year
213.0 institutions hold shares in Ardagh Metal Packaging S.A (AMBP), with institutional investors hold 81.41% of the company’s shares. The shares outstanding are 597.70M, and float is at 137.85M with Short Float at 3.28%. Institutions hold 19.50% 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.
