AMC Entertainment Holdings Inc (NYSE: AMC) is -20.75% lower on its value in year-to-date trading and has touched a low of $2.38 and a high of $11.88 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 $4.96 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $4.85, the stock is -1.23% and -4.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.3 million and changing -2.22% at the moment leaves the stock 2.59% off its SMA200. AMC registered -40.42% loss for a year compared to 6-month gain of 9.23%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -5.46% loss in the last 1 month and extending the period to 3 months gives it a -2.81%, and is -3.19% 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 3.44% over the week and 3.61% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $1.75B and $4.49B in sales. Profit margin for the company is -8.15%. Distance from 52-week low is 103.78% and -59.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.78%).
The EPS is expected to grow by 49.37% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
312.0 institutions hold shares in AMC Entertainment Holdings Inc (AMC), with institutional investors hold 40.32% of the company’s shares. The shares outstanding are 361.36M, and float is at 360.26M with Short Float at 14.06%. Institutions hold 40.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.51 million shares valued at $151.96 million. The investor’s holdings represent 11.5845% of the AMC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.81 million shares valued at $103.62 million to account for 7.8995 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 12.53 million shares representing 4.7553% and valued at over $62.38 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.9049 of the shares totaling 10.29 million with a market value of $51.22 million.
AMC Entertainment Holdings Inc (AMC) Insider Activity
#####
