Amcor (ASX:AMC) Stock Price Passes Above 200 Day Moving Average of $15.23

Amcor Limited (ASX:AMC)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.23 and traded as high as $15.36. Amcor shares last traded at $15.28, with a volume of 2,187,609 shares.

The company has a current ratio of 1.19, a quick ratio of 0.59 and a debt-to-equity ratio of 115.87. The firm has a market cap of $24.82 billion and a P/E ratio of 50.23. The firm has a 50-day simple moving average of A$14.64 and a 200-day simple moving average of A$15.22.

The business also recently announced a interim dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.167 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a yield of 1.16%. Amcor’s dividend payout ratio (DPR) is presently 218.95%.

Amcor Company Profile (ASX:AMC)

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications.

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