AMC Entertainment Holdings Inc (NYSE: AMC) on Tuesday, plunged -2.04% from the previous trading day, before settling in for the closing price of $3.43. Within the past 52 weeks, AMC’s price has moved between $2.38 and $11.88.
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A company in the Communication Services sector has jumped its sales by 25.99% annually for the last half of the decade. The company achieved an average annual earnings per share of 48.27%. With a float of $380.07 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 Updates
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of AMC Entertainment Holdings Inc is 0.37%, while institutional ownership is 45.80%.
AMC Entertainment Holdings Inc (AMC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 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
AMC Entertainment Holdings Inc (AMC) is currently performing well based on its current performance indicators. A quick ratio of 0.50 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 0.29.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 9.99 million. That was inferior than the volume of 10.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.81%. 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 15.71%, which indicates a significant decrease from 44.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.18% in the past 14 days, which was lower than the 48.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.66, while its 200-day Moving Average is $4.47. However, in the short run, AMC Entertainment Holdings Inc’s stock first resistance to watch stands at $3.49. Second resistance stands at $3.63. The third major resistance level sits at $3.71. If the price goes on to break the first support level at $3.27, it is likely to go to the next support level at $3.19. Assuming the price breaks the second support level, the third support level stands at $3.06.
AMC Entertainment Holdings Inc (NYSE: AMC) Key Stats
Market capitalization of the company is 1.28 billion based on 375,680K outstanding shares. Right now, sales total 4,813 M and income totals -396,600 K. The company made 1,349 M in profit during its latest quarter, and -20,700 K in sales during its previous quarter.
