10-May-2024
What's Going On With AMC Stock?
Benzinga (Fri, 10-May 3:08 PM ET)
Seeking Alpha News (Fri, 10-May 3:00 PM ET)
AMC Entertainment: Maintaining Sell Rating Amid Financial Struggles and Market Pressures
TipRanks (Fri, 10-May 9:55 AM ET)
AMC stock sinks after theatre chain warns of weaker second-quarter
Seeking Alpha News (Thu, 9-May 9:51 AM ET)
Wedbush Sticks to Their Hold Rating for AMC Entertainment (AMC)
TipRanks (Thu, 9-May 8:01 AM ET)
TipRanks (Thu, 9-May 7:50 AM ET)
TipRanks (Thu, 9-May 6:21 AM ET)
AMC quarterly revenue slips amid soft box office, cash pile shrinks nearly 30% from Q4
Seeking Alpha News (Wed, 8-May 6:17 PM ET)
AMC in charts: Attendance dips from last year, even as ticket prices edge up
Seeking Alpha News (Wed, 8-May 4:54 PM ET)
AMC Earnings Summary: Beats expectations on both top and bottom lines
Seeking Alpha News (Wed, 8-May 4:39 PM ET)
AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The Company has identified two reportable segments and reporting units for its theatrical exhibition operations, U.S. markets and International markets. It derives key revenue from the U.S.
Amc Enter Hldgs trades on the NYSE stock market under the symbol AMC.
As of May 10, 2024, AMC stock price declined to $2.91 with 22,799,637 million shares trading.
AMC has a beta of 1.29, meaning it tends to be more sensitive to market movements. AMC has a correlation of 0.01 to the broad based SPY ETF.
AMC has a market cap of $860.16 million. This is considered a Small Cap stock.
Last quarter Amc Enter Hldgs reported $951 million in Revenue and -$.78 earnings per share. This beat revenue expectation by $80 million and exceeded earnings estimates by $.01.
In the last 3 years, AMC stock traded as high as $726.20 and as low as $2.38.
The top ETF exchange traded funds that AMC belongs to (by Net Assets): VTI, VB, VBR, VXF, VOX.
AMC has underperformed the market in the last year with a price return of -94.7% while the SPY ETF gained +27.8%. AMC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -33.6% and -14.7%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
AMC support price is $2.86 and resistance is $3.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMC stock will trade within this expected range on the day.