The stock of AMC Entertainment Holdings Inc. (AMC) has gone down by -1.47% for the week, with a -7.84% drop in the past month and a 12.44% rise in the past quarter. The volatility ratio for the week is 4.45%, and the volatility levels for the past 30 days are 4.36% for AMC. The simple moving average for the last 20 days is -1.67% for AMC’s stock, with a simple moving average of -20.77% for the last 200 days.
Is It Worth Investing in AMC Entertainment Holdings Inc. (NYSE: AMC) Right Now?
The 36-month beta value for AMC is also noteworthy at 1.83. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 5 rating it as “sell.”
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it’s about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
The average price estimated by analysts for AMC is $2.27, which is -$2.43 below than the current price. The public float for AMC is 516.58M, and at present, short sellers hold a 22.61% of that float. The average trading volume of AMC on June 20, 2023 was 22.73M shares.
AMC) stock’s latest price update
The stock of AMC Entertainment Holdings Inc. (NYSE: AMC) has decreased by -1.26 when compared to last closing price of 4.76.Despite this, the company has seen a loss of -1.47% in its stock price over the last five trading days. The Wall Street Journal reported on 04/04/23 that Movie-Theater Industry Pain Intensifies Even as Pandemic Eases
Analysts’ Opinion of AMC
Many brokerage firms have already submitted their reports for AMC stocks, with Citigroup repeating the rating for AMC by listing it as a “Sell.” The predicted price for AMC in the upcoming period, according to Citigroup is $1.60 based on the research report published on March 23rd of the current year 2023.
AMC Trading at -7.48% from the 50-Day Moving Average
After a stumble in the market that brought AMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.18% of loss for the given period.
Volatility was left at 4.36%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares sank -7.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.05% upper at present.
During the last 5 trading sessions, AMC fell by -1.47%, which changed the moving average for the period of 200-days by -49.30% in comparison to the 20-day moving average, which settled at $4.76. In addition, AMC Entertainment Holdings Inc. saw 15.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMC starting from Antara Capital LP, who sale 2,805,000 shares at the price of $1.60 back on Jun 14. After this action, Antara Capital LP now owns 129,332,284 shares of AMC Entertainment Holdings Inc., valued at $4,498,000 using the latest closing price.
Antara Capital LP, the 10% Owner of AMC Entertainment Holdings Inc., sale 2,100,000 shares at $1.60 during a trade that took place back on Jun 12, which means that Antara Capital LP is holding 132,137,284 shares at $3,350,000 based on the most recent closing price.
Stock Fundamentals for AMC
Current profitability levels for the company are sitting at:
- -9.90 for the present operating margin
- +18.07 for the gross margin
The net margin for AMC Entertainment Holdings Inc. stands at -24.89. The total capital return value is set at -4.73, while invested capital returns managed to touch -12.87. Equity return is now at value 34.50, with -9.40 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 4.04, with the company’s debt to enterprise value settled at 0.74. The receivables turnover for the company is 23.14 and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
In summary, AMC Entertainment Holdings Inc. (AMC) has had a mixed performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.