Ardagh Metal Packaging S.A. (NYSE:AMBP - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $4.30 and last traded at $4.24, with a volume of 1990197 shares. The stock had previously closed at $4.15.
Ardagh Metal Packaging Price Performance
The firm has a market cap of $2.46 billion, a PE ratio of -34.25, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53. The stock's fifty day moving average price is $3.54 and its 200-day moving average price is $3.14.
Ardagh Metal Packaging (NYSE:AMBP - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. Ardagh Metal Packaging had a negative net margin of 0.99% and a positive return on equity of 1,760.00%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the firm earned $0.01 earnings per share. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Ardagh Metal Packaging S.A. will post 0.16 earnings per share for the current fiscal year.
Ardagh Metal Packaging Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date was Monday, May 5th. Ardagh Metal Packaging's payout ratio is -1,000.00%.
Institutional Investors Weigh In On Ardagh Metal Packaging
Large investors have recently modified their holdings of the business. Boston Partners acquired a new position in shares of Ardagh Metal Packaging during the 4th quarter valued at about $592,000. Norges Bank acquired a new position in shares of Ardagh Metal Packaging during the 4th quarter valued at about $880,000. Allspring Global Investments Holdings LLC boosted its position in shares of Ardagh Metal Packaging by 36,067.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 134,183 shares of the company's stock valued at $399,000 after acquiring an additional 133,812 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of Ardagh Metal Packaging during the 4th quarter valued at about $286,000. Finally, Gilman Hill Asset Management LLC boosted its position in shares of Ardagh Metal Packaging by 10.3% during the 1st quarter. Gilman Hill Asset Management LLC now owns 1,967,087 shares of the company's stock valued at $5,941,000 after acquiring an additional 184,305 shares during the last quarter. Hedge funds and other institutional investors own 16.93% of the company's stock.
About Ardagh Metal Packaging
(
Get Free Report)
Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.
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