Crown Holdings, Inc (NYSE:CCK) shares, rose in value on Friday, January 03, with the stock price down by -0.83% to the previous day’s close as strong demand from buyers drove the stock to $80.54.
Actively observing the price movement in the last trading, the stock closed the session at $81.21, falling within a range of $80.18 and $81.43. The value of beta (5-year monthly) was 0.853 whereas the PE ratio was 99.19 over 12-month period. Referring to stock’s 52-week performance, its high was $98.46, and the low was $69.61. On the whole, CCK has fluctuated by -12.47% over the past month.
With the market capitalization of Crown Holdings, Inc currently standing at about $9.64 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 1.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CCK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 8.59, with the price of CCK currently trading nearly -5.12% and -10.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 24.56, while the 7-day volatility ratio is showing 1.66% which for the 30-day chart, stands at 2.00%. Furthermore, Crown Holdings, Inc (CCK)’s beta value is 0.86, and its average true range (ATR) is 1.59.
A comparison of Crown Holdings, Inc (CCK) with its peers suggests the former has fared considerably weaker in the market. CCK showed an intraday change of -0.83% in last session, and over the past year, it shrunk by -10.62%%.
Data on historical trading for Crown Holdings, Inc (NYSE:CCK) indicates that the trading volumes over the past 10 days have averaged 1.42 and over the past 3 months, they’ve averaged 1.24 million. According to company’s latest data on outstanding shares, there are 119.63 million shares outstanding.
Nearly 0.79% of Crown Holdings, Inc’s shares belong to company insiders and institutional investors own 94.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.48 million shares as on 2024-12-13, resulting in a short ratio of 3.28. According to the data, the short interest in Crown Holdings, Inc (CCK) stood at 398.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 2.74 million. The stock has fallen by -2.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CCK stock heading into the next quarter.
