AMC Entertainment Holdings Inc (NYSE: AMC) is -45.30% lower on its value in year-to-date trading and has touched a low of $2.45 and a high of $5.76 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 $2.95 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $2.85, the stock is -7.29% and -5.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.24 million and changing -3.39% at the moment leaves the stock -20.82% off its SMA200. AMC registered -28.39% loss for a year compared to 6-month loss of -28.39%. The firm has a 50-day simple moving average (SMA 50) of $3.0214 and a 200-day simple moving average (SMA200) of $3.5992.
The stock witnessed a -16.18% gain in the last 1 month and extending the period to 3 months gives it a 7.95%, and is -7.17% 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 3.78% over the week and 3.51% over the month.
AMC Entertainment Holdings Inc (AMC) has around 33382 employees, a market worth around $1.23B and $4.55B in sales. Profit margin for the company is -8.60%. Distance from 52-week low is 16.33% and -50.52% 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
314.0 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 14.54%. 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.
