Ardagh Metal Packaging S.A. (AMBP): A Technical Analysis

AMBP has 36-month beta value of 0.62. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AMBP is 137.84M, and currently, short sellers hold a 2.43% ratio of that float. The average trading volume of AMBP on August 16, 2024 was 1.68M shares.

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AMBP) stock’s latest price update

Ardagh Metal Packaging S.A. (NYSE: AMBP) has experienced a rise in its stock price by 2.44 compared to its previous closing price of 3.28. However, the company has seen a gain of 2.13% in its stock price over the last five trading days. globenewswire.com reported 2024-08-01 that A lawsuit was filed for certain investors formerly Gores Holdings V, Inc. (formerly NASDAQ: GRSV), now in Ardagh Metal Packaging S.A. (NYSE: AMBP) shares.

AMBP’s Market Performance

Ardagh Metal Packaging S.A. (AMBP) has seen a 2.13% rise in stock performance for the week, with a -6.67% decline in the past month and a -16.42% plunge in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 3.09% for AMBP. The simple moving average for the last 20 days is -3.55% for AMBP’s stock, with a simple moving average of -8.30% for the last 200 days.

Analysts’ Opinion of AMBP

BofA Securities, on the other hand, stated in their research note that they expect to see AMBP reach a price target of $3.50, previously predicting the price at $4.10. The rating they have provided for AMBP stocks is “Underperform” according to the report published on April 01st, 2024.

Morgan Stanley gave a rating of “Underweight” to AMBP, setting the target price at $3.20 in the report published on March 18th of the current year.

AMBP Trading at -5.86% from the 50-Day Moving Average

After a stumble in the market that brought AMBP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.42% of loss for the given period.

Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -5.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.63% lower at present.

During the last 5 trading sessions, AMBP rose by +2.13%, which changed the moving average for the period of 200-days by +3.38% in comparison to the 20-day moving average, which settled at $3.47. In addition, Ardagh Metal Packaging S.A. saw -12.50% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for AMBP

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.1 for the gross margin

The net margin for Ardagh Metal Packaging S.A. stands at -0.01. The total capital return value is set at 0.05. Equity return is now at value -40.16, with -0.88 for asset returns.

Based on Ardagh Metal Packaging S.A. (AMBP), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at -138.39. The interest coverage ratio of the stock is 1.03.

Currently, EBITDA for the company is 600.0 million with net debt to EBITDA at 5.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 6.91for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.

Conclusion

To put it simply, Ardagh Metal Packaging S.A. (AMBP) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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