A new trading day began on Monday, with AMC Entertainment Holdings Inc (NYSE: AMC) stock price up 6.81% from the previous day of trading, before settling in for the closing price of $4.55. AMC’s price has ranged from $2.38 to $11.88 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Communication Services Sector giant saw their annual sales surged by 20.83% over the last five years. Meanwhile, its annual earnings per share averaged 48.08%. With a float of $374.57 million, this company’s outstanding shares have now reached $375.68 million.
The firm has a total of 33812 workers. Let’s measure their productivity. In terms of profitability, gross margin is -1.47%, operating margin of -15.78%, and the pretax margin is -8.99%.
AMC Entertainment Holdings Inc (AMC) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of AMC Entertainment Holdings Inc is 0.29%, while institutional ownership is 43.10%.
AMC Entertainment Holdings Inc (AMC) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.54 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.08% per share during the next fiscal year.
AMC Entertainment Holdings Inc (NYSE: AMC) Trading Performance Indicators
Here are AMC Entertainment Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.61, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.71 in one year’s time.
Technical Analysis of AMC Entertainment Holdings Inc (AMC)
Analysing the last 5-days average volume posted by the [AMC Entertainment Holdings Inc, AMC], we can find that recorded value of 14.69 million was lower than the volume posted last year of 25.7 million. As of the previous 9 days, the stock’s Stochastic %D was 57.74%. Additionally, its Average True Range was 0.22.
During the past 100 days, AMC Entertainment Holdings Inc’s (AMC) raw stochastic average was set at 47.98%, which indicates a significant decrease from 88.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.30% in the past 14 days, which was higher than the 46.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.42, while its 200-day Moving Average is $4.46. Now, the first resistance to watch is $4.98. This is followed by the second major resistance level at $5.10. The third major resistance level sits at $5.24. If the price goes on to break the first support level at $4.71, it is likely to go to the next support level at $4.57. Should the price break the second support level, the third support level stands at $4.45.
AMC Entertainment Holdings Inc (NYSE: AMC) Key Stats
With a market capitalization of 1.85 billion, the company has a total of 375,680K Shares Outstanding. Currently, annual sales are 4,813 M while annual income is -396,600 K. The company’s previous quarter sales were 1,349 M while its latest quarter income was -20,700 K.
