Amcor Plc (NYSE:AMCR) shares, rose in value, with the stock price up by 1.46% to the previous day’s close as strong demand from buyers drove the stock to $9.74.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.60, falling within a range of $9.59 and $9.77. The value of beta (5-year monthly) is 0.811 whereas the PE ratio is 17.68 over 12-month period. Referring to stock’s 52-week performance, its high was $11.48, and the low was $8.80. On the whole, AMCR has fluctuated by -3.47% over the past month.
With the market capitalization of Amcor Plc currently standing at about $14.08 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03. The company’s Forward Dividend Ratio is 0.51, with its dividend yield at 5.18%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.8B, with a low estimate of 3.39B and a high estimate of 3.58B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.51B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMCR’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 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.94, with the price of AMCR currently trading nearly -1.30% and -1.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.90, while the 7-day volatility ratio is showing 2.76% which for the 30-day chart, stands at 2.20%. Furthermore, Amcor Plc (AMCR)’s beta value is 0.79, and its average true range (ATR) is 0.21.
A comparison of Amcor Plc (AMCR) with its peers suggests the former has fared considerably weaker in the market. AMCR showed an intraday change of 1.46% in today’s session so far, and over the past year, it grew by 4.85%%.
Data on historical trading for Amcor Plc (NYSE:AMCR) indicates that the trading volumes over the past 10 days have averaged 27.54 and over the past 3 months, they’ve averaged 21.85 million. According to company’s latest data on outstanding shares, there are 1.44 billion shares outstanding.
Nearly 0.40% of Amcor Plc’s shares belong to company insiders and institutional investors own 59.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 148.07 million shares as on 2025-03-14, resulting in a short ratio of 5.88. According to the data, the short interest in Amcor Plc (AMCR) stood at 1029.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 103.55 million. The stock has risen by 3.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMCR stock heading into the next quarter.
