AMC Entertainment Holdings Inc (NYSE: AMC) is -56.70% lower on its value in year-to-date trading and has touched a low of $2.73 and a high of $54.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMC stock was last observed hovering at around $2.80 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $2.65, the stock is -27.34% and -35.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.51 million and changing -5.36% at the moment leaves the stock -79.94% off its SMA200. AMC registered -94.38% loss for a year compared to 6-month loss of -74.57%.
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The stock witnessed a -39.22% gain in the last 1 month and extending the period to 3 months gives it a -43.62%, and is -11.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.57% over the week and 5.72% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $698.57M and $4.81B in sales. Profit margin for the company is -8.24%. Distance from 52-week low is -2.93% and -95.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.87%).
The EPS is expected to grow by 16.22% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
The shares outstanding are 263.61M, and float is at 262.71M with Short Float at 16.06%.
AMC Entertainment Holdings Inc (AMC) Insider Activity
The most recent transaction is an insider sale by Antara Capital LP,the company’s10% Owner. SEC filings show that Antara Capital LP sold 7,993,400 shares of the company’s common stock on Jun 28 ’23 at a price of $1.73 per share for a total of $13.82 million. Following the sale, the insider now owns 93.91 million shares.
AMC Entertainment Holdings Inc disclosed in a document filed with the SEC on Jun 27 ’23 that Antara Capital LP (10% Owner) sold a total of 3,573,030 shares of the company’s common stock. The trade occurred on Jun 27 ’23 and was made at $1.79 per share for $6.4 million. Following the transaction, the insider now directly holds 101.91 million shares of the AMC stock.
Still, SEC filings show that on Jun 26 ’23, Antara Capital LP (10% Owner) disposed off 2,371,887 shares at an average price of $1.79 for $4.25 million. The insider now directly holds 105,478,336 shares of AMC Entertainment Holdings Inc (AMC).
