Gaining Ground: Ardagh Metal Packaging S.A. (AMBP) Closes Lower at 3.57, Down -1.65

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The price of Ardagh Metal Packaging S.A. (NYSE: AMBP) closed at $3.57 in the last session, down -1.65% from day before closing price of $3.63. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 0.75 million shares were traded. AMBP stock price reached its highest trading level at $3.675 during the session, while it also had its lowest trading level at $3.55.

Ratios:

We take a closer look at AMBP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.95.

On April 01, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $4.10 to $3.50.

On March 18, 2024, Morgan Stanley started tracking the stock assigning a Underweight rating and target price of $3.20.Morgan Stanley initiated its Underweight rating on March 18, 2024, with a $3.20 target price.

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 2133681920 and an Enterprise Value of 5778681856. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44. Its current Enterprise Value per Revenue stands at 1.197 whereas that against EBITDA is 9.504.

Stock Price History:

Over the past 52 weeks, AMBP has reached a high of $4.17, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is 2.22%, while the 200-Day Moving Average is calculated to be -2.57%.

Shares Statistics:

According to the various share statistics, AMBP traded on average about 1.62M shares per day over the past 3-months and 683630 shares per day over the past 10 days. A total of 597.00M shares are outstanding, with a floating share count of 137.84M. Insiders hold about 76.94% of the company’s shares, while institutions hold 17.66% stake in the company. Shares short for AMBP as of 1723680000 were 3510363 with a Short Ratio of 2.16, compared to 1721001600 on 3049569. Therefore, it implies a Short% of Shares Outstanding of 3510363 and a Short% of Float of 2.4500001.

Dividends & Splits

The forward annual dividend rate for AMBP is 0.40, which was 0.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.110192835

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