AMC Entertainment Holdings Inc (NYSE:AMC) has a beta value of 1.67 and has seen 1.43 million shares traded in the recent trading session. The company, currently valued at $1.15B, closed the recent trade at $4.37 per share which meant it lost -$0.07 on the day or -1.58% during that session. The AMC stock price is -1157.89% off its 52-week high price of $54.97 and 17.85% above the 52-week low of $3.59. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.35 million shares traded. The 3-month trading volume is 15.10 million shares.
AMC Entertainment Holdings Inc (NYSE:AMC) trade information
Sporting -1.58% in the red today, the stock has traded in the green over the last five days, when the AMC stock price touched $4.37 or saw a rise of 3.74%. Year-to-date, AMC Entertainment Holdings Inc shares have moved -28.59%, while the 5-day performance has seen it change 0.23%. Over the past 30 days, the shares of AMC Entertainment Holdings Inc (NYSE:AMC) have changed -10.63%. Short interest in the company has seen 31.75 million shares shorted with days to cover at 2.23.
AMC Entertainment Holdings Inc (AMC) estimates and forecasts
Figures show that AMC Entertainment Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -47.73% over the past 6 months, with this year growth rate of 28.27%, compared to 8.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 52.00% and -400.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -6.60%.
7 analysts offering their estimates for the company have set an average revenue estimate of $839.6 million for the current quarter. 7 have an estimated revenue figure of $1.18 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $954.4 million and $1.35 billion respectively for this quarter and the next, and analysts expect sales will shrink by -12.00% for the current quarter and -12.80% for the next.
AMC Dividends
AMC Entertainment Holdings Inc is expected to release its next earnings report between May 03 and May 07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
AMC Entertainment Holdings Inc (NYSE:AMC)’s Major holders
Insiders own 0.38% of the company shares, while shares held by institutions stand at 35.87% with a share float percentage of 36.01%. Investors are also buoyed by the number of investors in a company, with AMC Entertainment Holdings Inc having a total of 310 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 5.04 million shares worth more than $195.63 million. As of Jun 29, 2023, Vanguard Group Inc held 0.97% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 2.06 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $79.85 million and represent 0.40% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Jun 29, 2023, the former fund manager holds about 0.31% shares in the company for having 1.62 million shares of worth $62.95 million while later fund manager owns 1.34 million shares of worth $52.04 million as of Jun 29, 2023, which makes it owner of about 0.26% of company’s outstanding stock.
