Ardagh Metal Packaging S.A. (NYSE: AMBP)’s stock price has plunge by 0.96relation to previous closing price of 4.17. Nevertheless, the company has seen a 6.31% surge in its stock price over the last five trading sessions. zacks.com reported 2024-10-22 that Ardagh Metal Packaging S.A. (AMBP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support.
Is It Worth Investing in Ardagh Metal Packaging S.A. (NYSE: AMBP) Right Now?
Moreover, the 36-month beta value for AMBP is 0.62. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 2 as “sell.”
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The public float for AMBP is 137.84M and currently, short sellers hold a 1.94% of that float. On October 23, 2024, AMBP’s average trading volume was 1.26M shares.
AMBP’s Market Performance
The stock of Ardagh Metal Packaging S.A. (AMBP) has seen a 6.31% increase in the past week, with a 14.71% rise in the past month, and a 12.27% gain in the past quarter. The volatility ratio for the week is 3.05%, and the volatility levels for the past 30 days are at 2.61% for AMBP. The simple moving average for the last 20 days is 9.44% for AMBP stock, with a simple moving average of 15.59% for the last 200 days.
Analysts’ Opinion of AMBP
Many brokerage firms have already submitted their reports for AMBP stocks, with BofA Securities repeating the rating for AMBP by listing it as a “Buy.” The predicted price for AMBP in the upcoming period, according to BofA Securities is $5.10 based on the research report published on October 17, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see AMBP reach a price target of $5, previously predicting the price at $4.25. The rating they have provided for AMBP stocks is “Overweight” according to the report published on October 15th, 2024.
AMBP Trading at 15.05% 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 -1.17% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares surge +13.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.15% upper at present.
During the last 5 trading sessions, AMBP rose by +6.31%, which changed the moving average for the period of 200-days by +11.38% in comparison to the 20-day moving average, which settled at $3.85. In addition, Ardagh Metal Packaging S.A. saw 9.64% in overturn over a single year, with a tendency to cut further gains.
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 1.09.
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 1.28. 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 wrap up, the performance of Ardagh Metal Packaging S.A. (AMBP) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
