Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Amcor Plc’s current trading price is -11.15% away from its 52-week high, while its distance from the 52-week low is 16.17%. The stock’s price range over this period has fluctuated between $8.78 and $11.48. The company, operating within the financial sector, had a trading volume of approximately 12.2 million for the day, which was noticeably higher than the average daily share volume of 10.62 million over the last 3 months.
Amcor Plc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $11.48 on 09/27/24, while the lowest price for the same period was registered at $8.78 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Amcor Plc (AMCR) has experienced a quarterly decline of -7.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.66B and boasts a workforce of 41000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.76, with a change in price of -0.12. Similarly, Amcor Plc recorded 10,865,824 in trading volume during the last 100 days, posting a change of -1.16%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AMCR stands at 1.99. Similarly, the long-term debt-to-equity ratio is also 1.95.
AMCR Stock Stochastic Average
Today’s raw stochastic average for Amcor Plc over the last 50 days is 38.83%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 61.30%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 61.81% and 69.65%, respectively.
AMCR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 5.81%.However, over the last six months, we can see a weaker performance of 2.93%. Over the last 30 days, the price of AMCR has leaped by -0.10%. And in the last five days, it has fallen by -3.50%.
