Ball Corporation (BLL) : Traders are bullish on Ball Corporation (BLL) as it has outperformed the S&P 500 by a wide margin of 2.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.12%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.29% in the last 1 week, and is up 1.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.47% and the 50-Day Moving Average is 5.44%.The 200 Day SMA reached 13.66%
Ball Corporation (NYSE:BLL): After opening at $81.27, the stock dipped to an intraday low of $80.58 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $82.24 and the buying power remained strong till the end. The stock closed at $81.95 for the day, a gain of 1.30% for the day session. The total traded volume was 2,238,807. The stocks close on the previous trading day was $81.95.
Ball Corporation (BLL) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $94 and the lowest price target forecast is $75. The average forecast of all the analysts is $86 and the expected standard deviation is $8.21.
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.