Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Amcor Plc’s current trading price is -18.64% away from its 52-week high, while its distance from the 52-week low is 6.38%. The stock’s price range during this period has varied between $8.78 and $11.48. The company, active in the Consumer Cyclical sector, saw a trading volume of around 8.77 million for the day, considerably lower average daily volume of 12.24 million observed over the last three months.
Amcor Plc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.48 on 09/27/24, and the lowest price during that time was $8.78, recorded on 02/13/24.
How Financial Performance Impacts Market Capitalization
Amcor Plc (AMCR) has experienced a quarterly decline of -17.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.47B and boasts a workforce of 41000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.67, with a change in price of -1.05. Similarly, Amcor Plc recorded 10,949,653 in trading volume during the last 100 days, posting a change of -10.11%.
How AMCR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Amcor Plc over the past 50 days is 2.45%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 3.72%. Additionally, the Stochastic %K and %D values for the company were 7.50% and 9.80%, respectively, over the past 20 days.
AMCR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -3.11%. However, over the past six months, we’ve seen a stronger performance of -2.71%. The price of AMCR leaped by -11.05% over the last 30 days. And in the last five days, it has fallen by -0.64%.
