Trading Day Review: AMC Entertainment Holdings Inc (AMC) Loses Momentum, Closing at 4.37

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The price of AMC Entertainment Holdings Inc (NYSE: AMC) closed at $4.37 in the last session, down -0.68% from day before closing price of $4.40. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 5.04 million shares were traded. AMC stock price reached its highest trading level at $4.4595 during the session, while it also had its lowest trading level at $4.3611.

Ratios:

We take a closer look at AMC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.65.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on February 29, 2024, Reiterated its Neutral rating but revised its target price to $8 from $12 previously.

On September 26, 2023, Citigroup reiterated its Sell rating and also upped its target price recommendation from $15.50 to $4.75.

Wedbush Upgraded its Underperform to Neutral on August 24, 2023, while the target price for the stock was maintained at $19.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMC now has a Market Capitalization of 1579121280 and an Enterprise Value of 9480820736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35. Its current Enterprise Value per Revenue stands at 2.11 whereas that against EBITDA is 40.43.

Stock Price History:

Over the past 52 weeks, AMC has reached a high of $11.88, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is -10.74%, while the 200-Day Moving Average is calculated to be -4.78%.

Shares Statistics:

According to the various share statistics, AMC traded on average about 12.84M shares per day over the past 3-months and 11343470 shares per day over the past 10 days. A total of 361.36M shares are outstanding, with a floating share count of 360.26M. Insiders hold about 0.30% of the company’s shares, while institutions hold 40.22% stake in the company. Shares short for AMC as of 1726185600 were 50439747 with a Short Ratio of 3.93, compared to 1723680000 on 51247216. Therefore, it implies a Short% of Shares Outstanding of 50439747 and a Short% of Float of 13.99.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 6.02.

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