Crown Holdings, Inc (NYSE:CCK) shares, rose in value on Friday, February 14, with price down by -0.44% to the previous day’s close as strong demand from buyers drove the stock to $88.03.
Actively observing the price movement in the last trading, the stock closed the session at $88.42, falling within a range of $87.92 and $88.975. The value of beta (5-year monthly) was 0.864 whereas the PE ratio was 24.69 over 12-month period. Referring to stock’s 52-week performance, its high was $98.46, and the low was $70.84. On the whole, CCK has fluctuated by 4.03% over the past month.
With the market capitalization of Crown Holdings, Inc currently standing at about $10.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 1.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.98B, with a low estimate of 2.75B and a high estimate of 2.94B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.82B.
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 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 3.02, with the price of CCK currently trading nearly 0.41% and 2.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.49, while the 7-day volatility ratio is showing 1.89% which for the 30-day chart, stands at 2.23%. Furthermore, Crown Holdings, Inc (CCK)’s beta value is 0.88, and its average true range (ATR) is 2.02.
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 -0.44% in last session, and over the past year, it grew by 19.72%%.
Data on historical trading for Crown Holdings, Inc (NYSE:CCK) indicates that the trading volumes over the past 10 days have averaged 1.62 and over the past 3 months, they’ve averaged 1.39 million. According to company’s latest data on outstanding shares, there are 119.63 million shares outstanding.
Nearly 0.94% of Crown Holdings, Inc’s shares belong to company insiders and institutional investors own 98.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.72 million shares as on 2025-01-31, resulting in a short ratio of 3.87. According to the data, the short interest in Crown Holdings, Inc (CCK) stood at 423.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.15 million. The stock has risen by 6.46% 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.
