Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Ardagh Metal Packaging S.A (NYSE: AMBP) closed at $2.89 down -2.69% from its previous closing price of $2.97. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 2.43 million shares were traded. AMBP stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.89.
Ratios:
For a deeper understanding of Ardagh Metal Packaging S.A’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on December 11, 2024, Downgraded its rating to Underperform and sets its target price to $4 from $4.90 previously.
On October 17, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $3.80 to $5.10.
Wells Fargo Upgraded its Equal Weight to Overweight on October 15, 2024, whereas the target price for the stock was revised from $4.25 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMBP now has a Market Capitalization of 1727324160 and an Enterprise Value of 5365324288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36. Its current Enterprise Value per Revenue stands at 1.107 whereas that against EBITDA is 8.544.
Stock Price History:
The Beta on a monthly basis for AMBP is 0.65, which has changed by -0.17270195 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, AMBP has reached a high of $4.26, while it has fallen to a 52-week low of $2.93. The 50-Day Moving Average of the stock is -16.51%, while the 200-Day Moving Average is calculated to be -20.04%.
Shares Statistics:
For the past three months, AMBP has traded an average of 1.43M shares per day and 1331800 over the past ten days. A total of 597.69M shares are outstanding, with a floating share count of 137.84M. Insiders hold about 76.94% of the company’s shares, while institutions hold 17.51% stake in the company. Shares short for AMBP as of 1734048000 were 2483248 with a Short Ratio of 1.74, compared to 1731628800 on 2244934. Therefore, it implies a Short% of Shares Outstanding of 2483248 and a Short% of Float of 1.73.
Dividends & Splits
According to the company, the forward annual dividend rate for AMBP is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.13468014
