Amcor (ASX:AMC) Stock Crosses Above 200-Day Moving Average of $15.50

Shares of Amcor Limited (ASX:AMC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.50 and traded as high as $13.79. Amcor shares last traded at $13.64, with a volume of 2,548,860 shares trading hands.

The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 107.55. The stock has a market cap of $22.03 billion and a PE ratio of 37.78. The company has a fifty day moving average of A$14.73 and a 200-day moving average of A$15.50.

About Amcor (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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