A new trading day began on Monday, with AMC Entertainment Holdings Inc (NYSE: AMC) stock price down -0.96% from the previous day of trading, before settling in for the closing price of $3.11. 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
A company in the Communication Services sector has jumped its sales by 25.99% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 48.36%. With a float of $380.09 million, this company’s outstanding shares have now reached $381.47 million.
In an organization with 33812 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 23.6%, operating margin of -15.78%, and the pretax margin is -8.99%.
AMC Entertainment Holdings Inc (AMC) Insider and Institutional Ownership
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 0.36%, while institutional ownership is 42.71%.
AMC Entertainment Holdings Inc (AMC) Latest Financial update
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 48.36% 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 0.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.61, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.67 in one year’s time.
Technical Analysis of AMC Entertainment Holdings Inc (AMC)
Let’s dig in a bit further. During the last 5-days, its volume was 9.0 million. That was inferior than the volume of 11.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.05%. Additionally, its Average True Range was 0.18.
During the past 100 days, AMC Entertainment Holdings Inc’s (AMC) raw stochastic average was set at 4.98%, which indicates a significant decrease from 15.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.85% in the past 14 days, which was higher than the 46.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.06, while its 200-day Moving Average is $4.46. However, in the short run, AMC Entertainment Holdings Inc’s stock first resistance to watch stands at $3.17. Second resistance stands at $3.26. The third major resistance level sits at $3.37. If the price goes on to break the first support level at $2.97, it is likely to go to the next support level at $2.86. The third support level lies at $2.77 if the price breaches the second support level.
AMC Entertainment Holdings Inc (NYSE: AMC) Key Stats
With a market capitalization of 1.17 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.
