Home  »  Industry   »  Amcor plc: Rising -24.51% from 52-Week Low, Can th...

Amcor plc: Rising -24.51% from 52-Week Low, Can the Stock Stay Afloat?

Amcor plc (AMCR) has a current stock price of $10.27. During the previous trading session, the stock witnessed a notable rise, reaching a high of $10.31 after opening at $10.22. The stock’s low for the day was $10.18, and it eventually closed at $10.23.

In terms of market performance, Amcor plc had a somewhat inconsistent run in. The highest value for the stock in the past year was $13.60 on 06/06/22, while the lowest value was $9.79 on 05/03/23.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

52-week price history of AMCR Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Amcor plc’s current trading price is -24.51% away from its 52-week high, while its distance from the 52-week low is 4.90%. The stock’s price range for this period has remained between $9.79 and $13.60. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 7.74 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.93 million over the last three months.

Financial Performance and Market Capitalization

Amcor plc (AMCR) has experienced a quarterly decline of -7.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.10B and boasts a workforce of 37000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 11.22, with a change in price of -1.81. Similarly, Amcor plc recorded 7,931,103 in trading volume during the last 100 days, posting a change of -14.98%.

AMCR Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AMCR stands at 1.65. Similarly, the long-term debt-to-equity ratio is also 1.60.

AMCR Stock Stochastic Average

As of today, the raw stochastic average of Amcor plc over the past 50 days is 30.00%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 36.92%. Additionally, the Stochastic %K and %D values for the company were 34.19% and 33.48%, respectively, over the past 20 days.

AMCR Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -13.77% this year. Over the last six months, there has been a stronger performance of -12.89%. The price of AMCR leaped by -7.14% during the last 30 days period. For the last 5-days stocks have slided -0.87%.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts