Why Amcor plc (AMCR)’s Most Recent Report Reveals Some Hints About Its Future

Amcor plc (NYSE:AMCR) changed by 0.00% from its latest closing price compared to the recent 1-year high of $12.40. The company’s stock price has collected -0.70% of loss in the last five trading sessions. MarketWatch.com reported 8 hours ago that Amcor PLC stock remains steady Monday, still outperforms market

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Is It Worth Investing in Amcor plc (NYSE :AMCR) Right Now?

Amcor plc (NYSE:AMCR) scored a price-to-earnings ratio above its average ratio, recording 23.16 x from its present earnings ratio. Opinions of the stock are interesting as 6 analysts out of 16 who provided ratings for Amcor plc declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $12.58, which is $0.9 above the current price. AMCR currently public float of 1.55B and currently shorts hold a 2.07% ratio of that float. Today, the average trading volume of AMCR was 5.85M shares.

AMCR’s Market Performance

AMCR stocks went down by -0.70% for the week, with a monthly jump of 1.51% and a quarterly performance of -3.55%, while its annual performance rate touched 11.52%. The volatility ratio for the week stands at 2.25% while the volatility levels for the past 30 days are set at 2.65% for Amcor plc. The simple moving average for the period of the last 20 days is 1.85% for AMCR stocks with a simple moving average of 4.69% for the last 200 days.

Analysts’ Opinion of AMCR

Many brokerage firms have already submitted their reports for AMCR stocks, with BMO Capital Markets repeating the rating for AMCR by listing it as a “Outperform.” The predicted price for AMCR in the upcoming period, according to BMO Capital Markets is $13 based on the research report published on February 04th of the current year 2021.

Deutsche Bank gave a rating of “Hold” to AMCR, setting the target price at $12 in the report published on January 20th of the current year.

AMCR Trading at 0.36% from the 50-Day Moving Average

After a stumble in the market that brought AMCR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.90% of loss for the given period.

Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares surge +2.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.04% lower at present.

During the last 5 trading sessions, AMCR fell by -0.70%, which changed the moving average for the period of 200-days by +34.67% in comparison to the 20-day moving average, which settled at $11.23. In addition, Amcor plc saw -2.97% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AMCR starting from Konieczny Peter, who sale 111,241 shares at the price of $11.06 back on Aug 27. After this action, Konieczny Peter now owns 293,829 shares of Amcor plc, valued at $1,230,058 using the latest closing price.

Konieczny Peter, the President, Amcor Flexibles of Amcor plc, sale 48,989 shares at $11.25 during a trade that took place back on Aug 21, which means that Konieczny Peter is holding 236,505 shares at $551,126 based on the most recent closing price.

Stock Fundamentals for AMCR

Equity return is now at value 16.50, with 4.70 for asset returns.

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