AMC Entertainment Holdings Inc. [AMC] stock is down -16.38 while the S&P 500 has fallen -0.67% on Wednesday, 10/14/20. While at the time of this article, AMC ATR is sitting at 0.38, with the beta value at 1.92. This stock’s volatility for the past week remained at 8.24%, while it was 7.05% for the past 30-day period. AMC has fallen -$0.58 from the previous closing price of $3.54 on volume of 31.64 million shares.

On 8, October 2020, AMC Theatres® to Have More Than 520 of Its 600 Locations Open by Mid-October as 14 AMC Locations in the State of Washington Reopen on October 16. According to news published on Yahoo Finance, The state of Washington becomes the latest and one of the final states to approve the reopening of movie theatres in the United States; With the Washington theatres reopening, AMC has at least one theatre open in 43 of the 45 states that AMC serves.

Analyst Birdseye View:

The most recent analyst activity for AMC Entertainment Holdings Inc. [NYSE:AMC] stock was on September 14, 2020, when it was Reiterated with a Neutral rating from B. Riley FBR, which also raised its 12-month price target on the stock from $4 to $5.50. Before that, on October 12, 2020, B. Riley Securities Recapitulated a Neutral rating and elevated its amount target to $4.50. On August 31, 2020, Wedbush Reiterated a Neutral rating and boosted its price target on this stock from $4 to $7. On June 29, 2020, Credit Suisse Downgrade an Underperform rating and decreased its price target from $4 to $2. On May 27, 2020, MKM Partners Upgrade a Neutral rating and increased its price target to $5. On April 23, 2020, Macquarie Downgrade a Neutral rating and boosted its amount on this stock to $5. On April 20, 2020, B. Riley FBR Upgrade a Neutral rating and boosted its target amount on this stock from $0.25 to $4. On April 15, 2020, Imperial Capital Downgrade an In-line rating and improved its amount target to $2.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.95 and a peak of $10.35. Right now, according to Wall Street analyst the average 12-month amount target is $3.93. At the most recent market close, shares of AMC Entertainment Holdings Inc. [NYSE:AMC] were valued at $2.96. According to the average price forecast, investors can expect a potential return of -3.5%.

FUNDAMENTAL ANALYSIS

AMC Entertainment Holdings Inc. [NYSE:AMC] most recently reported quarterly sales of 19.0 million, which represented growth of -98.70%. This publicly-traded organization’s revenue is $140,744 per employee, while its income is -$3,836 per employee. This company’s Gross Margin is currently 64.50%, its Operating Margin is -64.30%, its Pretax Margin is -3.14, and its Net Margin is -2.73. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.29, -11.42, 2.58 and -1.70 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 89.50 and the whole liability to whole assets at 75.70. It shows enduring liability to the whole principal at 84.18 and enduring liability to assets at 0.71 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.68 points at 1st support level, the second support level is making up to 2.40. But as of 1st resistance point, this stock is sitting at 3.22 and at 3.48 for 2nd resistance point.

AMC Entertainment Holdings Inc. [AMC] reported its earnings at -$5.38 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$4.31/share signifying the difference of -1.07 and -24.80% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$20.88 calling estimates for -$1.52/share with the difference of -19.36 depicting the surprise of -1,273.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for AMC Entertainment Holdings Inc. [NYSE:AMC] is 0.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.14. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.14 and it’s amount to book ratio is 0.62.