Is Ball (NYSE:BALL) Attractively Priced After Recent Share Price Recovery?
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If you are wondering whether Ball is attractively priced right now, you are not alone. The key is to look past the headline share price to what you are actually paying for the business.
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Over the short term, the stock has shown movement, with returns of 4.3% over the last 7 days, 16.4% over the last 30 days, 4.3% year to date, 8.6% over 1 year, 1.6% over 3 years, and a 34.5% decline over 5 years from a last close of US$55.62.
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These swings sit against a backdrop of ongoing attention on packaging companies and how they fit into consumer and industrial supply chains. For Ball, that context matters when you weigh shorter term price moves against the longer term share performance record.
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Simply Wall St currently gives Ball a valuation…
