AMC Entertainment Holdings Inc (NYSE: AMC) is -14.82% 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 $3.48 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $3.39, the stock is -11.36% and -20.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.57 million and changing -2.59% at the moment leaves the stock -23.72% off its SMA200. AMC registered -24.83% loss for a year compared to 6-month loss of -35.80%. The firm has a 50-day simple moving average (SMA 50) of $4.2732 and a 200-day simple moving average (SMA200) of $4.44245.
The stock witnessed a -16.30% gain in the last 1 month and extending the period to 3 months gives it a -22.25%, and is 4.63% 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 6.95% over the week and 4.66% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $1.29B and $4.44B in sales. Profit margin for the company is -9.00%. Distance from 52-week low is 42.44% and -71.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.49%).
with sales reaching $1.3B over the same period.The EPS is expected to grow by 48.52% this year, but quarterly earnings will post -3.74% year-over-year. Quarterly sales are estimated to grow 17.87% in year-over-year returns.
327.0 institutions hold shares in AMC Entertainment Holdings Inc (AMC), with institutional investors hold 42.60% of the company’s shares. The shares outstanding are 381.47M, and float is at 380.09M with Short Float at 12.82%. Institutions hold 42.49% 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 SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 12.53 million shares representing 3.8952 and valued at over $62.38 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.1985 of the shares totaling 10.29 million with a market value of $51.22 million.
