The percentage value of AMC Entertainment Holdings, Inc. (NYSE: AMC) fell by 5. 7% on Wednesday, inventory was traded at a minimum of $2. 13 and the last time it was traded to $2. 16,40,024,035 percentages replaced hand trading, a 274% increase over the average consultation. 10,698,775 percentages. Inventory had closed in the past at $2. 29.
Recently, several study companies have intervened at AMC. MKM Partners lowered its target value in percentages for AMC Entertainment from $ 4. 00 to $ 2. 00 and set a “neutral” score on the percentage in a studio report on Tuesday, November 3. B. Riley lowered his target value in percentages for AMC Entertainment from $ 4. 50 to $ 3. 50 and set a “neutral” score on the percentage in a studio report on Tuesday, November 3. BidaskClub lowered AMC Entertainment’s percentages from a “sell” score to a “strong sell” score in a study report on Friday, December 25. Barrington Research reiterated a “hold” score in AMC Entertainment’s percentages by a study report on Tuesday, September 15. Finally, Zacks Investment Research raised AMC Entertainment’s percentages from a “sell” score to a “hold” score in a survey report on Tuesday. Four analysts rated inventory with a sell score, 8 issued a retention score, and one assigned a purchase score to inventory. Lately AMC Entertainment has an average score of “Hold” and an average target value of $ 5. 09.
The company has a market capitalization of $347. 10 million, a P/E ratio of -0. 06 and a beta of 2. 60. The company’s 50-day singles moving average is $3. 39 and its 200-day mobile average for singles is $4. 29.
In other news from AMC Entertainment, the largest shareholder Mudrick Capital Management, L. sold a million shares in the company’s shares in a transaction on Wednesday, December 16. The shares were sold at an average value of $2. 78 for a total cost of $2,780,000. 00. The sale was disclosed in a document filed with the SEC, which will be held on the SEC’s website. Over the past 3 months, initiates have sold 8,043,474 shares at a cost of $23,346,942. Inmates own 2. 50% of the company’s shares.
Several institutional investors have recently replaced their positions in the company. Point72 Hong Kong Ltd increased its position in AMC Entertainment shares to 17. 6% in the third quarter. Point72 Hong Kong Ltd. now owns 21,758 shares of the company valued at $ 102,000 after purchasing another 3,259 shares during the period. Cubist Systematic Strategies LLC increased its position in AMC Entertainment shares to 216. 8% in the third quarter. Cubist Systematic Strategies LLC now owns 9,418 shares of the company valued at $ 44,000 after purchasing another 6,445 shares during the period. JS Capital Management LLC purchased a new stake in AMC Entertainment shares in the third quarter valued at approximately $ 418,000. Squarepoint Ops LLC raised its position in AMC Entertainment shares to 106. 7% in the third quarter. Squarepoint Ops LLC now owns 27,077 shares with a corporate value of $ 128,000 after purchasing another 13,977 shares during the period. Finally, Orbis Allan Gray Ltd purchased a new stake in AMC Entertainment shares in the third quarter valued at approximately $ 361,000. 17. 84% of the shares are held lately through institutional investors and hedge funds.
About AMC Entertainment (NYSE: AMC)
AMC Entertainment Holdings, Inc. , through its subsidiaries, involved in the theatrical display industry. The company owns, operates or has interests in theaters. As of March 17, 2020, it had operated approximately 1,000 theaters and 11,000 screens in the United States and the company was founded in 1920 and is based in Leawood, Kansas.
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