When was the best ever day on the A2 Milk (ASX:A2M) share price chart?

When were A2 Milk's happiest days?

| More on:
Two young girls drinking milkshakes with milk around their mouths.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The A2 Milk Company Ltd (ASX: A2M) share price has certainly given its investors a lot of ups and downs over the past few years. In fact, not too many ASX 200 shares could arguably have given investors as wild a ride as A2 Milk has.

Or, sad as it is to say, so much disappointment.

Backtrack a year or so, and A2 Milk was one of the most popular ASX 200 shares on the market.

It had given investors eye-watering returns for many years. That includes close to 3,500% for any investor lucky enough to bag some A2 Milk shares back in its April 2015 ASX IPO for roughly 50 cents each, and sell them at their $20 peak in July last year.

But the fall has been equally dramatic. A2 has spent the past 14 months falling off a cliff.

After touching $20 a share in July last year, A2 has been steadily sold off. It eventually found a bottom at the share price of $5.04 back in May. Since then, the company has recovered somewhat. But a poorly-received FY21 earnings report last month seemed to confirm a lot of investor fears, and the company is now decisively back under $6 a share.

So when was the best day ever for the A2 Milk share price? You might be thinking we'll have to back a while to find it. 

When was the A2 Milk share price's best day ever?

It's hard to pinpoint exactly when A2 Milk had its best trading day ever, seeing as this company has been on the ASX boards for more than 6 years now.

But a leading contender would be 21 February 2018. On that day, A2 Milk had just reported its then-interim results. And it smashed expectations, bringing in a 70% increase in revenues and a 150% increase in profits after tax (sorry if you're an A2 Milk shareholder and this is a painful recollection of happier times).

As we reported at the time, investors sent A2 shares up a whopping 18% after these results were published. That could well be A2 Milk's single best day ever.

That's not to say A2 hasn't had some good days more recently too though. A more recent pop can be found just a few weeks ago. On 16 August, A2 shares rose 11% at one point after speculation arose that the company may be a takeover target of the global food and beverage titan Nestle.

Today, the A2 Milk share price is having a flat day so far. The company is currently sitting at $5.78 a share, right where it opened at this morning. The A2 share price remains down more than 50% year to date, and by 66.3% over the past 12 months. At the current A2 share price, the company has a market capitalisation of $4.3 billion.

Motley Fool contributor Sebastian Bowen owns shares of A2 Milk. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Consumer Staples & Discretionary Shares

Photo of a happy couple with their car and car keys.
Consumer Staples & Discretionary Shares

What are Macquarie's top ASX All Ords picks in the automotive sector?

Aussie investors are becoming increasingly interested in auto stocks.

Read more »

basket of grocery items with smart phone ordering system
Consumer Staples & Discretionary Shares

Here's how Aldi plans to disrupt Coles and Woolworths with online shopping

Here’s Aldi’s latest move to try to win market share.

Read more »

Two male professional analysts discuss share price movements shown on the computer screen in front of them, with one pointing to a screen
Consumer Staples & Discretionary Shares

Broker tips 40-52% upside for these ASX consumer staples shares

This broker is tipping a big year ahead for these ASX shares.

Read more »

Happy couple doing online shopping.
Consumer Staples & Discretionary Shares

Consumer dicretionary picks: what's Macquarie's price targets for Nick Scali and Harvey Norman shares?

This broker has a clear favourite.

Read more »

Woman presenting financial report on large screen in conference room.
Consumer Staples & Discretionary Shares

Why this consumer share is up 10% on earnings guidance

This company’s shareholders have seen their holdings gain 46% in a year.

Read more »

A man and a woman line up to race through a supermarket,.
Consumer Staples & Discretionary Shares

Supermarket battle: Does Macquarie see more upside for Woolworths or Coles shares?

Which stock should investors put in their shopping basket?

Read more »

Happy couple doing online shopping.
Consumer Staples & Discretionary Shares

Furniture battle: Does Macquarie prefer Nick Scali or Temple & Webster shares?

Let's see which one the broker is recommending to clients.

Read more »

Woman customer and grocery shopping cart in supermarket store, retail outlet or mall shop. Female shopper pushing trolley in shelf aisle to buy discount groceries, sale goods and brand offers.
Consumer Staples & Discretionary Shares

Coles stock vs. Woolworths shares: Which came out on top in FY25?

There was a clear winner in the grocery space last financial year...

Read more »