Write a short description of Armcor PLC main line of business only. Be sure to include the following details i. The stock’s most recent price, trade date, and trade time. ii. A description of the highest and lowest prices the stock has reached in the past year. iii. The company’s market capitalization, price-earnings (P/E) ratio, and its price-tobook ratio. Describe what each ratio means.
It is into the packaging business and it is domiciled into United Kingdom.
Armcor PLC last closing price was $ 10.05 on 28th May 2020
52 week low of the stock is $5.80 and 52 week high of the share is $11.77.
Market capitalisation of this company is $ 15.74 billions.
price to earning of this company is close to 18 and price to book of this company is 22.
price to earning ratios means that the Earning per share of this company in relation to the current market price, and price to book ratio means that current market share price of this company in relation to the intrinsic value of this company which is reflected on its books of accounts
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