Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, AMC Networks Inc’s stock clocked out at $7.05, up 1.88% from its previous closing price of $6.92. In other words, the price has increased by $1.88 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
To gain a deeper understanding of AMCX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.97. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 2.84 whereas as Long-Term Debt/Eq ratio is at 2.80.
On October 06, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.Seaport Research Partners initiated its Buy rating on October 06, 2023, with a $16 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 23 ’24 when Kelleher Kimberly sold 10,941 shares for $17.22 per share. The transaction valued at 188,404 led to the insider holds 0 shares of the business.
O’Connell Patrick sold 6,459 shares of AMCX for $105,387 on May 21 ’24. The EVP & Chief Financial Officer now owns 0 shares after completing the transaction at $16.32 per share. On May 21 ’24, another insider, Sherin Michael J. III, who serves as the EVP & Chief Accounting Officer of the company, sold 4,948 shares for $16.11 each. As a result, the insider received 79,692 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.36.
Stock Price History:
Over the past 52 weeks, AMCX has reached a high of $18.58, while it has fallen to a 52-week low of $6.65. The 50-Day Moving Average of the stock is -21.84%, while the 200-Day Moving Average is calculated to be -29.51%.
Shares Statistics:
A total of 32.64M shares are outstanding, with a floating share count of 31.38M. Insiders hold about 28.89% of the company’s shares, while institutions hold 75.47% stake in the company.
