Things appear to be looking up for AMC Entertainment Holdings Inc (AMC)

AMC Entertainment Holdings Inc (NYSE: AMC) is -15.58% 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 $3.43 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $3.36, the stock is 1.60% and -8.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.7 million and changing -2.04% at the moment leaves the stock -24.91% off its SMA200. AMC registered -26.48% loss for a year compared to 6-month loss of -32.93%..

The stock witnessed a -1.47% gain in the last 1 month and extending the period to 3 months gives it a -22.58%, and is -5.35% 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 5.54% over the week and 4.91% over the month.

AMC Entertainment Holdings Inc (AMC) has around 33812 employees, a market worth around $1.28B and $4.44B in sales. Profit margin for the company is -9.00%. Distance from 52-week low is 41.18% and -71.72% 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 48.27% this year.

AMC Entertainment Holdings Inc (AMC) Top Institutional Holders

The shares outstanding are 381.47M, and float is at 380.07M with Short Float at 9.94%.

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.