AMCR’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -21.85%.However, over the last six months, we can see a stronger performance of -9.37%. Over the last 30 days, the price of AMCR has fallen by 9.37%. And in the last five days, it has surged by 4.00%.

At present, Amcor Plc (AMCR) has a stock price of $9.31. In the previous session, the stock saw a rise, peaking at $9.41 after an opening price of $9.33. The day’s lowest price was $9.28, and it closed at $9.37.

Amcor Plc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $12.78 on 12/13/22 and a low of $8.45 for the same time frame on 10/23/23.

52-week price history of AMCR Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Amcor Plc’s current trading price is -27.17% away from its 52-week high, while its distance from the 52-week low is 10.15%. The stock’s price range during this period has varied between$8.45 and $12.78. The Amcor Plc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.12 million for the day, a figure considerably lower than their average daily volume of 7.52 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Amcor Plc (AMCR) has experienced a quarterly decline of -0.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.45B and boasts a workforce of 41000 employees.

Amcor Plc: Analysts’ Ratings Unveiled

As of right now, 1 analyst is rating Amcor Plc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.38, with a change in price of -0.61. Similarly, Amcor Plc recorded 7,376,138 in trading volume during the last 100 days, posting a change of -6.21%.

AMCR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AMCR stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.91.

AMCR Stock Stochastic Average

As of today, Amcor Plc’s raw stochastic average for the last 50 days stands at 77.31%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 90.75% and 93.66%, respectively.

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