Ball Corp. (BALL) concluded trading on Thursday at a closing price of $62.39, with 1.99 million shares of worth about $124.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.55% during that period and on August 29, 2024 the price saw a loss of about -1.73%. Currently the company’s common shares owned by public are about 315.69M shares, out of which, 301.77M shares are available for trading.
Stock saw a price change of -2.21% in past 5 days and over the past one month there was a price change of -2.26%. Year-to-date (YTD), BALL shares are showing a performance of 8.47% which increased to 15.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $42.81 but also hit the highest price of $71.32 during that period. The average intraday trading volume for Ball Corp. shares is 1.87 million. The stock is currently trading -1.60% below its 20-day simple moving average (SMA20), while that difference is up 0.50% for SMA50 and it goes to 0.39% higher than SMA200.
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Ball Corp. (NYSE: BALL) currently have 315.69M outstanding shares and institutions hold larger chunk of about 87.41% of that.
The stock has a current market capitalization of $18.94B and its 3Y-monthly beta is at 0.88. It has posted earnings per share of -$1.58 in the same period. It has Quick Ratio of 0.88 while making debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BALL, volatility over the week remained 1.66% while standing at 1.97% over the month.
Stock’s fiscal year EPS is expected to rise by 7.46% while it is estimated to increase by 13.72% in next year. EPS is likely to grow at an annualized rate of 11.65% for next 5-years, compared to annual growth of 11.57% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on August 14, 2024 offering an Outperform rating for the stock and assigned a target price of $70 to it. Coverage by Truist stated Ball Corp. (BALL) stock as a Buy in their note to investors on June 25, 2024, suggesting a price target of $76 for the stock. On April 04, 2024, Barclays Downgrade their recommendations, while on March 27, 2024, Citigroup Resumed their ratings for the stock with a price target of $70. Stock get an Equal-weight rating from Morgan Stanley on March 18, 2024.
