Ball Corporation (BLL) has been under a strong bear grip, hence the stock is down -4.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.43% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.04% in the last 1 week, and is up 1.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Ball Corporation (NYSE:BLL): The stock opened at $70.85 on Friday but the bulls could not build on the opening and the stock topped out at $71.07 for the day. The stock traded down to $70.60 during the day, due to lack of any buying support eventually closed down at $70.76 with a loss of -0.24% for the day. The stock had closed at $70.93 on the previous day. The total traded volume was 1,050,269 shares.
The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 1.48%. Ball Corporation has dropped 6.53% during the last 3-month period . Year-to-Date the stock performance stands at -2.34%.
Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.