AMC Entertainment Holdings Inc (NYSE: AMC) is -14.57% 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 $3.40 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $3.40, the stock is 7.19% and 16.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.01 million and changing 0.00% at the moment leaves the stock -9.91% off its SMA200. AMC registered -29.02% loss for a year compared to 6-month loss of -30.04%. The firm has a 50-day simple moving average (SMA 50) of $2.9244 and a 200-day simple moving average (SMA200) of $3.7741.
The stock witnessed a 25.46% gain in the last 1 month and extending the period to 3 months gives it a 11.11%, and is -4.49% 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 2.20% over the week and 6.67% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33382 employees, a market worth around $1.47B and $4.55B in sales. Profit margin for the company is -8.60%. Distance from 52-week low is 38.78% and -42.95% 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 50.47% this year.
AMC Entertainment Holdings Inc (AMC) Top Institutional Holders
317.0 institutions hold shares in AMC Entertainment Holdings Inc (AMC), with institutional investors hold 34.48% of the company’s shares. The shares outstanding are 433.14M, and float is at 430.80M with Short Float at 14.91%. Institutions hold 34.30% 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 MORGAN STANLEY with 8.3 million shares valued at $41.33 million to account for 8.1428 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 20.81 million shares representing 6.4705% and valued at over $103.62 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 3.8952 of the shares totaling 12.53 million with a market value of $62.38 million.
