AMC Entertainment Holdings Inc (NYSE: AMC) is -25.88% lower on its value in year-to-date trading and has touched a low of $2.45 and a high of $5.96 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 $2.81 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $2.95, the stock is 8.52% and 4.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 26.02 million and changing 4.98% at the moment leaves the stock -24.24% off its SMA200. AMC registered -56.93% loss for a year compared to 6-month loss of -35.31%.
The stock witnessed a 5.36% gain in the last 1 month and extending the period to 3 months gives it a -16.90%, and is 8.06% 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 5.93% over the week and 4.02% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33382 employees, a market worth around $1.28B and $4.55B in sales. Profit margin for the company is -8.60%. Distance from 52-week low is 20.41% and -50.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.56%).
The EPS is expected to grow by 47.58% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
The shares outstanding are 433.14M, and float is at 430.80M with Short Float at 14.51%.
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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