AMC Entertainment Holdings Inc (NYSE: AMC) is 2.01% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMC stock was last observed hovering at around $4.02 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $4.06, the stock is -2.68% and -8.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.27 million and changing 1.00% at the moment leaves the stock -8.72% off its SMA200. AMC registered -23.40% loss for a year compared to 6-month loss of -25.78%. The firm has a 50-day simple moving average (SMA 50) of $4.4192 and a 200-day simple moving average (SMA200) of $4.449.
The stock witnessed a -17.31% gain in the last 1 month and extending the period to 3 months gives it a -7.73%, and is 1.50% up 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 3.18% over the week and 4.80% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $1.55B and $4.44B in sales. Profit margin for the company is -9.00%. Distance from 52-week low is 70.59% and -65.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.49%).
The EPS is expected to grow by 48.52% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
329.0 institutions hold shares in AMC Entertainment Holdings Inc (AMC), with institutional investors hold 42.49% of the company’s shares. The shares outstanding are 381.47M, and float is at 380.36M with Short Float at 13.95%. Institutions hold 42.38% 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 9.489% 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 RENAISSANCE TECHNOLOGIES LLC which holds 10.29 million shares representing 3.9049% and valued at over $51.22 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 3.8952 of the shares totaling 12.53 million with a market value of $62.38 million.
AMC Entertainment Holdings Inc (AMC) Insider Activity
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