Stick With AMC Entertainment Holdings Inc (AMC). The Bull Are Alive And Well

Currently, there are 381.47M common shares owned by the public and among those 379.83M shares have been available to trade.

The company’s stock has a 5-day price change of 16.72% and -18.86% over the past three months. AMC shares are trading -7.04% year to date (YTD), with the 12-month market performance down to -22.92% lower. It has a 12-month low price of $2.38 and touched a high of $11.88 over the same period. AMC has an average intraday trading volume of 13.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.14%, -1.96%, and -17.21% respectively.

Institutional ownership of AMC Entertainment Holdings Inc (NYSE: AMC) shares accounts for 45.78% of the company’s 381.47M shares outstanding.

It has a market capitalization of $1.41B and a beta (3y monthly) value of 1.95. The earnings-per-share (ttm) stands at -$1.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.06% over the week and 4.79% over the month.

Earnings per share for the fiscal year are expected to increase by 48.27%, and 36.78% over the next financial year.

Looking at the support for the AMC, a number of firms have released research notes about the stock. ROTH MKM stated their Neutral rating for the stock in a research note on February 04, 2025, with the firm’s price target at $4-$3.25. B. Riley Securities coverage for the AMC Entertainment Holdings Inc (AMC) stock in a research note released on February 29, 2024 offered a Neutral rating with a price target of $8. Citigroup was of a view on September 26, 2023 that the stock is Sell, while Wedbush gave the stock Neutral rating on August 24, 2023, issuing a price target of $19. Citigroup on their part issued Sell rating on March 23, 2023.

Most Popular

Related Posts