AMCR (Amcor plc) climbed 0.39 at the last close: Is This Today’s Most Popular Stock?

On May 22, 2023, Amcor plc (NYSE: AMCR) opened at $10.22, higher 0.39% from the last session. During the day, the shares moved up to $10.31 and dropped to $10.18 before settling in for the closing price of $10.23. Price fluctuations for AMCR have ranged from $9.79 to $13.60 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 9.80% over the last five years. Company’s average yearly earnings per share was noted -12.20% at the time writing. With a float of $1.45 billion, this company’s outstanding shares have now reached $1.47 billion.

The firm has a total of 37000 workers. Let’s measure their productivity.

Amcor plc (AMCR) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Amcor plc is 0.20%, while institutional ownership is 48.50%. The most recent insider transaction that took place on Dec 12, was worth 69,971. In this transaction Director of this company sold 5,648 shares at a rate of $12.39, taking the stock ownership to the 75,072 shares. Before that another transaction happened on Dec 12, when Company’s Director sold 5,372 for $12.40, making the entire transaction worth $66,622. This insider now owns 29,769 shares in total.

Amcor plc (AMCR) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.17 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.18) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.34% during the next five years compared to 1.80% growth over the previous five years of trading.

Amcor plc (NYSE: AMCR) Trading Performance Indicators

Check out the current performance indicators for Amcor plc (AMCR). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.74 in one year’s time.

Technical Analysis of Amcor plc (AMCR)

Analysing the last 5-days average volume posted by the [Amcor plc, AMCR], we can find that recorded value of 6.35 million was lower than the volume posted last year of 8.03 million. As of the previous 9 days, the stock’s Stochastic %D was 34.39%. Additionally, its Average True Range was 0.19.

During the past 100 days, Amcor plc’s (AMCR) raw stochastic average was set at 18.60%, which indicates a significant decrease from 64.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.44% in the past 14 days, which was higher than the 23.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.81, while its 200-day Moving Average is $11.51. Now, the first resistance to watch is $10.33. This is followed by the second major resistance level at $10.38. The third major resistance level sits at $10.46. If the price goes on to break the first support level at $10.20, it is likely to go to the next support level at $10.12. Now, if the price goes above the second support level, the third support stands at $10.07.

Amcor plc (NYSE: AMCR) Key Stats

There are currently 1,471,444K shares outstanding in the company with a market cap of 15.10 billion. Presently, the company’s annual sales total 14,544 M according to its annual income of 805,000 K. Last quarter, the company’s sales amounted to 3,667 M and its income totaled 177,000 K.