AMC Entertainment Holdings Inc (NYSE: AMC) is -20.35% 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 $3.10 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $3.17, the stock is -3.63% and -19.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.52 million and changing 2.26% at the moment leaves the stock -28.94% off its SMA200. AMC registered -19.54% loss for a year compared to 6-month loss of -37.60%. The firm has a 50-day simple moving average (SMA 50) of $3.9494 and a 200-day simple moving average (SMA200) of $4.46205.
The stock witnessed a -19.75% gain in the last 1 month and extending the period to 3 months gives it a -30.79%, and is 2.92% 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 5.31% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $1.21B and $4.44B in sales. Profit margin for the company is -9.00%. Distance from 52-week low is 33.19% and -73.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.49%).
with sales reaching $1.29B over the same period.The EPS is expected to grow by 48.27% this year, but quarterly earnings will post -3.97% year-over-year. Quarterly sales are estimated to grow 16.87% in year-over-year returns.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
The shares outstanding are 381.47M, and float is at 380.07M with Short Float at 12.18%.
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 6.4705 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.
AMC Entertainment Holdings Inc (AMC) Insider Activity
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