Amcor (ASX:AMC) Shares Cross Above 200 Day Moving Average of $15.54

Amcor Limited (ASX:AMC)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.54 and traded as high as $14.91. Amcor shares last traded at $14.79, with a volume of 6,052,493 shares changing hands.

The company has a market cap of $24.01 billion and a P/E ratio of 10.19. The stock’s 50-day moving average is A$15.41 and its two-hundred day moving average is A$15.54. The company has a debt-to-equity ratio of 107.55, a current ratio of 0.78 and a quick ratio of 0.40.

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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