The stock has a 36-month beta value of 1.70. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for AMC is 262.71M, and at present, short sellers hold a 13.83% of that float. On April 08, 2024, the average trading volume of AMC was 14.77M shares.
AMC) stock’s latest price update
AMC Entertainment Holdings Inc (NYSE: AMC) has experienced a rise in its stock price by 0.33 compared to its previous closing price of 3.00. However, the company has seen a fall of -19.09% in its stock price over the last five trading days. Deadline reported 2024-04-06 that AMC Entertainment chief executive Adam Aron saw a 2023 compensation package of $25.4 million — up from $23.7 million a year ago – inflated by stock awards worth $17.9 million along with a cash bonus of $6 million bonus and a $1.5 million base salary.
AMC’s Market Performance
AMC Entertainment Holdings Inc (AMC) has experienced a -19.09% fall in stock performance for the past week, with a -33.99% drop in the past month, and a -43.21% drop in the past quarter. The volatility ratio for the week is 8.23%, and the volatility levels for the past 30 days are at 6.24% for AMC. The simple moving average for the last 20 days is -25.07% for AMC’s stock, with a simple moving average of -78.62% for the last 200 days.
Analysts’ Opinion of AMC
Many brokerage firms have already submitted their reports for AMC stocks, with B. Riley Securities repeating the rating for AMC by listing it as a “Neutral.” The predicted price for AMC in the upcoming period, according to B. Riley Securities is $8 based on the research report published on February 29, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see AMC reach a price target of $4.75, previously predicting the price at $15.50. The rating they have provided for AMC stocks is “Sell” according to the report published on September 26th, 2023.
Wedbush gave a rating of “Neutral” to AMC, setting the target price at $19 in the report published on August 24th of the previous year.
AMC Trading at -28.75% 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 -94.52% of loss for the given period.
Volatility was left at 6.24%, however, over the last 30 days, the volatility rate increased by 8.23%, as shares sank -34.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.12% lower at present.
During the last 5 trading sessions, AMC fell by -19.09%, which changed the moving average for the period of 200-days by -93.44% in comparison to the 20-day moving average, which settled at $3.94. In addition, AMC Entertainment Holdings Inc saw -50.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMC starting from Antara Capital LP, who sale 7,993,400 shares at the price of $1.73 back on Jun 28 ’23. After this action, Antara Capital LP now owns 93,911,906 shares of AMC Entertainment Holdings Inc, valued at $13,815,317 using the latest closing price.
Antara Capital LP, the 10% Owner of AMC Entertainment Holdings Inc, sale 3,573,030 shares at $1.79 during a trade that took place back on Jun 27 ’23, which means that Antara Capital LP is holding 101,905,306 shares at $6,395,362 based on the most recent closing price.
Stock Fundamentals for AMC
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.56 for the gross margin
The net margin for AMC Entertainment Holdings Inc stands at -0.08. The total capital return value is set at 0.0.
Based on AMC Entertainment Holdings Inc (AMC), the company’s capital structure generated 1.57 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at -2.76. The interest coverage ratio of the stock is 0.08.
Currently, EBITDA for the company is 399.3 million with net debt to EBITDA at 22.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.88. The receivables turnover for the company is 23.45for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To sum up, AMC Entertainment Holdings Inc (AMC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” 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.
