AMC Entertainment Holdings Inc (NYSE: AMC) is -24.37% 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 $2.90 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $3.01, the stock is -5.18% and -9.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.56 million and changing 3.79% at the moment leaves the stock -31.06% off its SMA200. AMC registered -30.96% loss for a year compared to 6-month loss of -38.57%. The firm has a 50-day simple moving average (SMA 50) of $3.3408 and a 200-day simple moving average (SMA200) of $4.36595.
The stock witnessed a -13.51% gain in the last 1 month and extending the period to 3 months gives it a -30.80%, and is 1.01% 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 4.34% over the week and 5.46% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33382 employees, a market worth around $1.30B and $4.64B in sales. Profit margin for the company is -7.60%. Distance from 52-week low is 26.47% and -74.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.95%).
The EPS is expected to grow by 48.30% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
319.0 institutions hold shares in AMC Entertainment Holdings Inc (AMC), with institutional investors hold 34.96% of the company’s shares. The shares outstanding are 431.95M, and float is at 429.63M with Short Float at 8.83%. Institutions hold 34.79% 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 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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