AMC Entertainment Holdings Inc. (NYSE:APE) does about 28.41M shares in volume on a normal day but saw 25705488 shares change hands in Monday trading. The company now has a market cap of 3.00B USD. Its current market price is $1.83, marking an increase of 5.17% compared to the previous close of $1.74. The 52 week high reached by this stock is $10.50 whilst the lowest price level in 52 weeks is $0.65.
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AMC Entertainment Holdings Inc. (APE) has a 20-day trading average at $1.5075 and the current price is -82.57% off the 52-week high compared with 181.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2377. If we look at the stock’s price movements over the week, volatility stands at 14.32%, which increases to 15.85% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 64.69 to suggest the stock is neutral.
The consensus objective for the share price is $2.39, suggesting that the stock has a potential upside of 23.43% over the period.
The current price level is 26.19%, 48.40%, and -25.40% away from its SMA20, SMA50, and SMA200 respectively, with the APE price moving below the 50-day SMA on January 23. AMC Entertainment Holdings Inc. (APE) stock is up 20.39% over the week and 171.39% over the past month. Its price is 29.79% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 23.43 percent from here.
Outstanding shares total 531.72M with insiders holding 0.00% of the shares and institutional holders owning 5.82% of the company’s common stock. Price to sales ratio is 0.73.
According to a U.S. Securities and Exchange Commission filing, Vanguard Communication Services I has reduced its position in AMC Entertainment Holdings Inc. (APE) to 1,935,036 shares, mirroring a recent drop by -0.75%. Vanguard Communication Services I dumped 14558.0 shares of AMC Entertainment Holdings Inc. common stock bringing its total worth to about $2.73 million at the end of recent close, SEC documents show.
