As of Friday close, AMC Entertainment Holdings Inc.’s (NYSE:AMC) stock was up $0.02, moving up 0.41 percent to $4.93. The average number of shares traded per day over the past five days has been 22,489,340 shares. 2 times new highs have been achieved over the past 5 days, with a $0.29 gain in that time frame. In the last twenty days, the average volume was 39,341,449, while in the previous 50 days, it was 25,878,824.
Since last month, AMC stock rose 14.92%. Shares of the company fell to $4.17 on 07/10/23, the lowest level in the past month. A 52-week high of $16.89 was reached on 02/28/23 after having rallying from a 52-week low of $3.77. Since the beginning of this year, AMC’s stock price has risen by 21.13% or $0.86, and marked a new high 9 times. However, the stock has declined by -70.82% since its 52-week high.
AMC stock investors should be aware that AMC Entertainment Holdings Inc. (AMC) stock had its last reported insider trading activity 38 days ago on Jun 28. Antara Capital LP, the 10% Owner of the company, disposed of 7,993,400 shares for $1.73 on Jun 28. It resulted in a $13,815,317 divestment by the insider. Antara Capital LP sold 3,573,030 shares at an average price of $1.79 on Jun 27. The insider now owns 101,905,306 shares following the transaction. On Jun 26, 10% Owner Antara Capital LP sold 2,371,887 shares at $1.79 apiece. The transaction was valued at $4,245,678.
Valuation Metrics
The latest dividend of $0.0025 per share was paid out, which is -66.67% less than last year’s $0.0075.
Financial Health
On the profitability front, the trailing twelve-month gross margin is 66.80% percent. In the year ended March 30, EBITDA margin amounted to 0.23%, whereas operating margins totaled -4.80%. Based on annual data, AMC earned $2.63 billion in gross profit and brought in $3.91 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -12.70%. Return on equity (ROE) for the past 12 months was 34.50%.
In AMC Entertainment Holdings Inc.’s quarter-end financial report for March 30, it reported total debt of $4.86 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AMC’s revenue fell -18.25% to $968.4 million during the quarter, while net income inched up to $990.9 million. While analysts expected AMC Entertainment Holdings Inc. to report -$0.15 quarterly earnings, the actual figure was -$0.17 per share, beating the consensus estimate by -13.30%. During the quarter, the company generated -$27.5 million in EBITDA. The liabilities of AMC Entertainment Holdings Inc. were 11.44 billion at the end of its most recent quarter ended March 30, and its total debt was $9.66 billion. The value of shareholders’ equity is $519.19 million.
Technical Picture
This quick technical analysis looks at AMC Entertainment Holdings Inc.’s (AMC) price momentum. With a historical volatility rate of 97.06%, the RSI 9-day stood at 55.36% on 04 August.
With respect to its five-day moving average, the current AMC Entertainment Holdings Inc. price is up by +6.25% percent or $0.29. At present, AMC shares trade +17.38% above its 20-day simple moving average and -9.71% percent below its 100-day simple moving average. However, the stock is currently trading approximately -1.99% below its SMA50 and -22.48% below its SMA200.
Stochastic coefficient K was 32.50% and Stochastic coefficient D was 32.83%, while ATR was 0.35. Given the Stochastic reading of 35.00% for the 14-day period, the RSI (14) reading has been calculated as 54.64%.
Analyst Ratings
AMC Entertainment Holdings Inc. (AMC) has been rated Underweight by analysts. According to 5 brokerage firms, AMC is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate AMC Entertainment Holdings Inc. stock as buy, with 0 recommending it as overweight.
