$1.68M in average volume shows that Ball Corp (BALL) is heading in the right direction

Ball Corp (NYSE: BALL) kicked off on Friday, down -0.76% from the previous trading day, before settling in for the closing price of $57.55. Over the past 52 weeks, BALL has traded in a range of $54.06-$71.32.

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Consumer Cyclical Sector giant saw their annual sales surged by 4.16% over the last five years. While this was happening, its average annual earnings per share was recorded 8.05%. With a float of $297.25 million, this company’s outstanding shares have now reached $300.04 million.

The firm has a total of 21000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.35%, operating margin of 10.09%, and the pretax margin is 5.89%.

Ball Corp (BALL) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Packaging & Containers Industry. The insider ownership of Ball Corp is 0.39%, while institutional ownership is 84.83%. The most recent insider transaction that took place on Nov 20 ’24, was worth 346,795. In this transaction President & C.E.O. of this company sold 5,802 shares at a rate of $59.77, taking the stock ownership to the 118,043 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Officer proposed sale 5,802 for $59.77, making the entire transaction worth $346,795.

Ball Corp (BALL) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 8.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.30% during the next five years compared to 11.57% growth over the previous five years of trading.

Ball Corp (NYSE: BALL) Trading Performance Indicators

Take a look at Ball Corp’s (BALL) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.54 in one year’s time.

Technical Analysis of Ball Corp (BALL)

Analysing the last 5-days average volume posted by the [Ball Corp, BALL], we can find that recorded value of 2.85 million was better than the volume posted last year of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 21.65%. Additionally, its Average True Range was 1.41.

During the past 100 days, Ball Corp’s (BALL) raw stochastic average was set at 5.82%, which indicates a significant decrease from 9.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.69% in the past 14 days, which was higher than the 23.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $63.04, while its 200-day Moving Average is $64.60. Now, the first resistance to watch is $57.84. This is followed by the second major resistance level at $58.56. The third major resistance level sits at $58.95. If the price goes on to break the first support level at $56.73, it is likely to go to the next support level at $56.34. Should the price break the second support level, the third support level stands at $55.62.

Ball Corp (NYSE: BALL) Key Stats

The company with the Market Capitalisation of 16.91 billion has total of 298,426K Shares Outstanding. Its annual sales at the moment are 14,029 M in contrast with the sum of 707,000 K annual income. Company’s last quarter sales were recorded 3,082 M and last quarter income was 197,000 K.