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%.
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
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