In a filing, Amcor Plc revealed its Director Bertone Andrea E. unloaded Company’s shares for reported $64756.0 on Dec 03 ’24. In the deal valued at $10.55 per share,6,138 shares were sold. As a result of this transaction, Bertone Andrea E. now holds 43,814 shares worth roughly $0.44 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Long Nicholas T. sold 7,230 shares, generating $76,276 in total proceeds. Upon selling the shares at $10.55, the Director now owns 52,911 shares.
Before that, Long Nicholas T. bought 7,230 shares. Amcor Plc shares valued at $76,280 were divested by the Director at a price of $10.55 per share.
Macquarie upgraded its Amcor Plc [AMCR] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early July with a ‘”a Hold”‘ rating. Wells Fargo began covering AMCR with “an Equal weight” recommendation on June 28, 2024. BofA Securities revised its rating on July 10, 2023. It rated AMCR as “an Underperform” which previously was an “a Buy”.
Price Performance Review of AMCR
On Tuesday, Amcor Plc [NYSE:AMCR] saw its stock fall -0.69% to $10.13. Over the last five days, the stock has lost -4.07%. Amcor Plc shares have risen nearly 5.08% since the year began. Nevertheless, the stocks have risen 4.97% over the past one year. While a 52-week high of $11.48 was reached on 09/27/24, a 52-week low of $8.78 was recorded on 02/13/24. SMA at 50 days reached $10.69, while 200 days put it at $10.19.
Levels Of Support And Resistance For AMCR Stock
The 24-hour chart illustrates a support level at 9.93, which if violated will result in even more drops to 9.73. On the upside, there is a resistance level at 10.40. A further resistance level may holdings at 10.67. The Relative Strength Index (RSI) on the 14-day chart is 38.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.56%. Stochastics %K at 46.50% indicates the stock is a holding.
How much short interest is there in Amcor Plc?
A steep rise in short interest was recorded in Amcor Plc stocks on 2024-11-29, growing by 24.02 million shares to a total of 44.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 20.9 million shares. There was a rise of 53.47%, which implies that there is a positive sentiment for the stock.
