AMC Entertainment Holdings Inc (NYSE: AMC) on November 20, 2023, started off the session at the price of $7.50, plunging -3.63% from the previous trading day. During the day, the shares moved up to $7.52 and dropped to $7.15 before settling in for the closing price of $7.43. Within the past 52 weeks, AMC’s price has moved between $7.05 and $80.74.
Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 17.72%. The company achieved an average annual earnings per share of 68.68%. With a float of $197.80 million, this company’s outstanding shares have now reached $198.36 million.
Considering the fact that the conglomerate employs 33694 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +18.07, operating margin of -9.90, and the pretax margin is -24.83.
AMC Entertainment Holdings Inc (AMC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of AMC Entertainment Holdings Inc is 0.28%, while institutional ownership is 20.60%. The most recent insider transaction that took place on Jun 28, was worth 13,815,317. In this transaction 10% Owner of this company sold 7,993,400 shares at a rate of $1.73, taking the stock ownership to the 93,911,906 shares. Before that another transaction happened on Jun 27, when Company’s 10% Owner sold 3,573,030 for $1.79, making the entire transaction worth $6,395,362. This insider now owns 101,905,306 shares in total.
AMC Entertainment Holdings Inc (AMC) Recent Fiscal highlights
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.08 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.19) by $0.27. This company achieved a net margin of -24.89. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.68% per share during the next fiscal year.
AMC Entertainment Holdings Inc (NYSE: AMC) Trading Performance Indicators
AMC Entertainment Holdings Inc (AMC) is currently performing well based on its current performance indicators. A quick ratio of 0.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -1.27 in one year’s time.
Technical Analysis of AMC Entertainment Holdings Inc (AMC)
Compared to the last year’s volume of 9.14 million, its volume of 17.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 1.85%. Additionally, its Average True Range was 0.74.
During the past 100 days, AMC Entertainment Holdings Inc’s (AMC) raw stochastic average was set at 0.20%, which indicates a significant decrease from 0.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.28% in the past 14 days, which was lower than the 160.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.85, while its 200-day Moving Average is $36.87. Nevertheless, the first resistance level for the watch stands at $7.40 in the near term. At $7.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.77. If the price goes on to break the first support level at $7.03, it is likely to go to the next support level at $6.91. Now, if the price goes above the second support level, the third support stands at $6.66.
AMC Entertainment Holdings Inc (NYSE: AMC) Key Stats
Market capitalization of the company is 1.42 billion based on 198,357K outstanding shares. Right now, sales total 3,911 M and income totals -973,600 K. The company made 1,406 M in profit during its latest quarter, and 12,300 K in sales during its previous quarter.