AMC Entertainment Holdings Inc. (NYSE:APE) finished Wednesday with a subtraction of -$0.15 to close at $1.73, a downside of -7.98 percent. An average of 71,849,336 shares of common stock have been traded in the last five days. There was a fall of -$0.3900 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 36,043,883 shares traded, while the 50-day average volume stands at 25,940,135.
APE stock has decreased by -2.26% in the last month. The company shares reached their 1-month lowest point of $1.6300 on 07/24/23. With the stock rallying to its 52-week high on 02/06/23, shares of the company touched a low of $0.65 and a high of $7.68 in 52 weeks. It has reached a new high 15 times so far this year and achieved 22.70% or $0.3200 in price. In spite of this, the price is down -77.47% from the 52-week high.
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Insider Transactions
APE stock investors should be aware that AMC Entertainment Holdings Inc. (APE) stock had its last reported insider trading activity 57 days ago on Jun 28. In this transaction, the insider spent $13,815,317. 10% Owner, Antara Capital LP, disposed of 3,573,030 shares at a price of $1.79 on Jun 27. The insider now owns more than $6,395,362 worth of shares. Prior to that, 10% Owner Antara Capital LP went on to Sale 2,371,887 shares at $1.79 each on Jun 26. An amount of $4,245,678 was transacted.
Valuation Metrics
AMC Entertainment Holdings Inc. (APE) stock’s beta is 0.43. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.38.
Financial Health
AMC Entertainment Holdings Inc.’s EBITDA margin is 0.23%.
Earnings Surprise
At the end of the recent quarter, AMC Entertainment Holdings Inc.’s stock balance sheet showed total debt was $9.51 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at AMC Entertainment Holdings Inc. (APE) price momentum. RSI 9-day as of the close on 23 August was 36.14%, suggesting the stock is Neutral, with historical volatility in this time frame at 120.44%.
As of today, APE’s price is $2.0380 -18.40% or -$0.3900 from its 5-day moving average. APE is currently trading -1.70% lower than its 20-day SMA and +23.57% higher than its 100-day SMA. However, the stock’s current price level is +8.81% above the SMA50 and +6.13% above the SMA200.
The stochastic %K and %D were 30.77% and 59.66%, respectively, and the average true range (ATR) was 0.1682. With the 14-day stochastic at 3.08% and the average true range at 0.1456, the RSI (14) stands at 41.36%. The stock has reached -0.1200 on the 9-day MACD Oscillator while the 14-day reading was at -0.0214.
Analyst Ratings
The consensus rating for AMC Entertainment Holdings Inc. (APE) among analysts is Underweight. According to current brokerage recommendations, 5 brokerage firms advise that investors sell APE, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is APE’s price target for the next 12 months?
Analysts predict a range of price targets between $0.44 and $3.61, with a median target of $1.49. Taking a look at these predictions, the average price target given by analysts for AMC Entertainment Holdings Inc. (APE) stock is $1.90.
