Crown Holdings Inc. (NYSE:CCK) went up by 1.06% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Packaging & Containers giant went up by $65.92 to trade ended Monday trading at $65.23. This is up from the $65.23 price recorded on Friday’s trading session. Its performance from the start of the year has also been negative, with CCK down by -9.13% year-to-date.
Crown Holdings Inc. (CCK) started the day trading at $63.48 and recorded an intraday high of $66.51. It also recorded an intraday low of $62.51 during Monday’s trading session. Crown Holdings Inc. is a very active stock that recorded a trading volume that is less than -46.34% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 977183, which is less than -46.34 of the total average daily trading volume of 1.43 million.
Crown Holdings Inc. (NYSE:CCK) 2020 Performance Impressive
The increase in CCK’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CCK currently stands at $80.57, which is higher than the current trading price of the stock by 18.18%. However, CCK’s current trading price is -53.41% lower than the 52-week low price of $42.97. In terms of trading volume, Crown Holdings Inc. currently experienced healthy participation during the last trading session. 977183 shares of Crown Holdings Inc. were traded on the stock exchange on Monday, which is less than -46.34% of the 1.43 million average trading volume of the stock.
The performance of the stock has been positive over the past year. CCK’s performance over the past one year has seen it surge by 13.77%, while the stock has gone down by -7.93% in the last six months. The quarterly performance of CCK currently stands at 34.64%, and it is up by 9.65% in the last month. The only negative figure was from the weekly performance, which currently reads -6.91%. At the time of writing CCK’s report, the company has a total market cap of $8.58B, making it one of the largest publicly-traded companies in the world.Crown Holdings Inc. also has over 33000 employees all over the world.
CCK Insider Activities
For Crown Holdings Inc., insiders hold 93.00% of all company shares. The insider transactions over the past six months are up by 9.90%. During that period, insiders bought 222,761 shares in 40 transactions. In that same period, insiders sold 92,758 of their shares in 23 transactions. After these transactions, insiders at Crown Holdings Inc. now hold 2.49M shares, which is over 90.95% of the total company stocks. Institutional investors currently hold a large chunk of the CCK shares, as they control 1.87% of the company’s total stock.
CCK Fundamental Analysis
For Crown Holdings Inc., the stock’s diluted earnings per share (EPS) stands at 3.67. In the coming year, analysts expect the EPS to be 5.62. The EPS growth will up over the next five years to 9.48% after surging by 6.20% in the previous five years. In terms of revenue, Crown Holdings Inc.’s quarterly sales (YOY) is growing at 1.31, which is lower than the average annual revenue of 6.20% over the past half a decade.
The Return on Investment (ROI) on Crown Holdings Inc.’s stock currently stands at 10.10%, and it has a net profit margin of 4.20%. The operating margin of the company is 9.60%, and its gross margin is 19.80%.
CCK Analysts Prediction
In March 24, 2020, several analysts reiterated their positions on the Crown Holdings Inc. stock and predicted its performance to their investors. The analysts at Goldman believe CCK is still a Buy and set the price target between $78 and $61.
At the moment, Crown Holdings Inc.’s Total Debt to Equity ratio stands at 5.29, and they have a long-term Debt to Equity ratio of 5.19.
CCK Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CCK currently stands at 0.56%, while the SMA50 is 5.33%. The biggest one is the SMA200, which is currently reading -2.70% ahead of Monday’s trading session. The Relative Strength Index of this stock is 52.43, while its price to earnings ratio (P/E) is 17.97.