A new trading day began on Monday, with AMC Entertainment Holdings Inc (NYSE: AMC) stock price up 2.26% from the previous day of trading, before settling in for the closing price of $3.10. AMC’s price has ranged from $2.38 to $11.88 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 25.99% over the past five years. Meanwhile, its annual earnings per share averaged 48.27%. With a float of $380.07 million, this company’s outstanding shares have now reached $381.47 million.
Let’s look at the performance matrix of the company that is accounted for 33812 employees. 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 0.37%, while institutional ownership is 43.06%.
AMC Entertainment Holdings Inc (AMC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.27% 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 0.27.
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 -0.62 in one year’s time.
Technical Analysis of AMC Entertainment Holdings Inc (AMC)
AMC Entertainment Holdings Inc (NYSE: AMC) saw its 5-day average volume 6.1 million, a negative change from its year-to-date volume of 10.39 million. As of the previous 9 days, the stock’s Stochastic %D was 42.26%. Additionally, its Average True Range was 0.16.
During the past 100 days, AMC Entertainment Holdings Inc’s (AMC) raw stochastic average was set at 8.43%, which indicates a significant decrease from 36.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.80% in the past 14 days, which was lower than the 46.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.92, while its 200-day Moving Average is $4.46. Nevertheless, the first resistance level for the watch stands at $3.20 in the near term. At $3.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.28. If the price goes on to break the first support level at $3.12, it is likely to go to the next support level at $3.08. The third support level lies at $3.04 if the price breaches the second support level.
AMC Entertainment Holdings Inc (NYSE: AMC) Key Stats
With a market capitalization of 1.21 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.
