AMC Entertainment Holdings, Inc. (NYSE:AMC – Get Rating) was the recipient of unusually massive choices buying and selling exercise on Friday. Stock merchants purchased 274,997 put choices on the inventory. This is a rise of roughly 11% in comparison with the typical quantity of 248,288 put choices.

Wall Street Analyst Weigh In

Various brokerages just lately commented on AMC. MKM Partners lowered their worth goal on AMC Entertainment to $0.50 in a analysis report on Tuesday, September sixth. B. Riley decreased their worth goal on shares of AMC Entertainment from $11.00 to $7.50 and set a “neutral” score for the corporate in a analysis observe on Wednesday, October twelfth. Citigroup reduce their goal worth on AMC Entertainment from $1.20 to $1.10 in a analysis observe on Friday, November twenty fifth. Finally, StockNews.com initiated protection on AMC Entertainment in a report on Wednesday, October twelfth. They set a “sell” score for the corporate. Three analysts have rated the inventory with a promote score and two have assigned a maintain score to the corporate’s inventory. According to information from MarketBeat.com, the corporate at the moment has a consensus score of “Reduce” and a consensus goal worth of $3.72.

AMC Entertainment Stock Performance

Shares of AMC traded down $0.49 throughout buying and selling hours on Friday, hitting $4.42. The inventory had a buying and selling quantity of 659,328 shares, in comparison with its common quantity of 28,530,640. The agency has a market capitalization of $2.28 billion, a price-to-earnings ratio of -3.34 and a beta of 1.60. AMC Entertainment has a fifty-two week low of $4.11 and a fifty-two week excessive of $34.33. The agency has a 50-day transferring common worth of $6.49 and a 200 day transferring common worth of $6.02.

Institutional Inflows and Outflows

Hedge funds have just lately added to or lowered their stakes within the firm. Covestor Ltd lifted its stake in AMC Entertainment by 417.6% within the 1st quarter. Covestor Ltd now owns 1,061 shares of the corporate’s inventory value $26,000 after buying a further 856 shares within the final quarter. Allworth Financial LP lifted its place in AMC Entertainment by 46.6% through the second quarter. Allworth Financial LP now owns 2,224 shares of the corporate’s inventory value $30,000 after shopping for a further 707 shares within the final quarter. Cypress Capital Management LLC WY boosted its stake in AMC Entertainment by 31.9% through the second quarter. Cypress Capital Management LLC WY now owns 3,103 shares of the corporate’s inventory value $42,000 after shopping for a further 750 shares over the past quarter. Spire Wealth Management grew its holdings in AMC Entertainment by 132.4% within the 2nd quarter. Spire Wealth Management now owns 3,397 shares of the corporate’s inventory valued at $46,000 after shopping for a further 1,935 shares within the final quarter. Finally, Brookstone Capital Management acquired a brand new stake in shares of AMC Entertainment within the third quarter value $60,000. 26.14% of the inventory is owned by institutional traders and hedge funds.

About AMC Entertainment

(Get Rating)

AMC Entertainment Holdings, Inc, by means of its subsidiaries, engages within the theatrical exhibition enterprise. The firm owns, operates, or has pursuits in theatres within the United States and Europe. As of March 1, 2022, it operated roughly 950 theatres and 10,600 screens. The firm was based in 1920 and is headquartered in Leawood, Kansas.

Further Reading

This prompt information alert was generated by narrative science expertise and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Before you contemplate AMC Entertainment, you may wish to hear this.

MarketBeat retains monitor of Wall Street’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers each day. MarketBeat has recognized the five stocks that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and AMC Entertainment wasn’t on the listing.

While AMC Entertainment at the moment has a “Hold” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The Five Stocks Here