AMC Entertainment Holdings Inc (NYSE: AMC) is -23.37% 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 $3.30 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $3.05, the stock is -7.90% and -14.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.74 million and changing -7.58% at the moment leaves the stock -31.73% off its SMA200. AMC registered -38.88% loss for a year compared to 6-month loss of -35.65%.
The stock witnessed a -2.87% gain in the last 1 month and extending the period to 3 months gives it a -36.46%, and is -9.23% 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 7.92% over the week and 5.65% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33382 employees, a market worth around $1.32B and $4.64B in sales. Profit margin for the company is -7.60%. Distance from 52-week low is 28.15% and -74.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.95%).
with sales reaching $977.37M over the same period.The EPS is expected to grow by 49.80% this year, but quarterly earnings will post 8.05% year-over-year. Quarterly sales are estimated to grow 2.73% in year-over-year returns.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
The shares outstanding are 414.42M, and float is at 379.23M with Short Float at 9.90%.
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
A total of 0 insider transactions have happened at AMC Entertainment Holdings Inc (AMC) in the last six months, with sales accounting for 0 and purchases happening 0 times.
AMC Entertainment Holdings Inc (AMC): Who are the competitors?
The company’s main competitors (and peers) include Cinemark Holdings Inc. (CNK) that is trading 42.37% up over the past 12 months. Marcus Corp. (MCS) that is 21.68% higher over the same period.
