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 -14.81% away from its 52-week high, while its distance from the 52-week low is 11.14%. The stock’s price range during this period has varied between $8.80 and $11.48. The company, active in the Consumer Cyclical sector, saw a trading volume of around 19.05 million for the day, considerably lower average daily volume of 20.4 million observed over the last three months.
Amcor Plc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $11.48 on 09/27/24, while the lowest price during the same period was $8.80 on 04/16/24.
How Financial Performance Impacts Market Capitalization
Amcor Plc (AMCR) has experienced a quarterly decline of -3.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.14B 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 10.08, with a change in price of -1.47. Similarly, Amcor Plc recorded 17,553,408 in trading volume during the last 100 days, posting a change of -13.07%.
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 1.96. Similarly, the long-term debt-to-equity ratio is also 1.93.
AMCR Stock Stochastic Average
As of today, the raw stochastic average of Amcor Plc over the last 50 days is at 42.49%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 21.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.77% and 18.77%, 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. This year’s metric has recorded a Price increase of 3.93%. However, over the past six months, we’ve seen a stronger performance of -10.28%. The price of AMCR leaped by -2.10% over the last 30 days. And in the last five days, it has fallen by -4.96%.
