A new trading day began on Tuesday, with Crown Holdings, Inc (NYSE: CCK) stock price down -1.33% from the previous day of trading, before settling in for the closing price of $86.52. CCK’s price has ranged from $69.61 to $98.46 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 2.55% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 7.97%. With a float of $118.68 million, this company’s outstanding shares have now reached $119.63 million.
In an organization with 25000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.4%, operating margin of 12.46%, and the pretax margin is 3.1%.
Crown Holdings, Inc (CCK) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaging & Containers Industry. The insider ownership of Crown Holdings, Inc is 0.79%, while institutional ownership is 94.44%. The most recent insider transaction that took place on Nov 06 ’24, was worth 725,475. In this transaction President & CEO of this company sold 7,500 shares at a rate of $96.73, taking the stock ownership to the 563,678 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 7,500 for $96.73, making the entire transaction worth $725,475.
Crown Holdings, Inc (CCK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 7.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.55% during the next five years compared to 2.78% growth over the previous five years of trading.
Crown Holdings, Inc (NYSE: CCK) Trading Performance Indicators
Here are Crown Holdings, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 8.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.81, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach 6.87 in one year’s time.
Technical Analysis of Crown Holdings, Inc (CCK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.23 million. That was better than the volume of 1.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.70%. Additionally, its Average True Range was 1.69.
During the past 100 days, Crown Holdings, Inc’s (CCK) raw stochastic average was set at 13.65%, which indicates a significant increase from 4.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.20% in the past 14 days, which was lower than the 17.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.19, while its 200-day Moving Average is $85.33. However, in the short run, Crown Holdings, Inc’s stock first resistance to watch stands at $86.56. Second resistance stands at $87.76. The third major resistance level sits at $88.53. If the price goes on to break the first support level at $84.60, it is likely to go to the next support level at $83.83. Assuming the price breaks the second support level, the third support level stands at $82.63.
Crown Holdings, Inc (NYSE: CCK) Key Stats
With a market capitalization of 10.21 billion, the company has a total of 119,632K Shares Outstanding. Currently, annual sales are 12,010 M while annual income is 450,000 K. The company’s previous quarter sales were 3,074 M while its latest quarter income was -175,000 K.