AMC Entertainment (NYSE:AMC) Downgraded by Zacks Investment Research to Sell

AMC Entertainment stock has undergone multiple analysts rating changes in the recent past.  AMC Entertainment Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of AMC Entertainment traded down -$0.43 on Tuesday, reaching $36.82. 9629 shares of the stock traded hands, compared to its average volume of 63936900. Shares of AMC Entertainment were trading at $36.82 on Tuesday. The firm’s 50 day moving average is $39.54 and its 200 day moving average is $25.12.AMC Entertainment has a 12 month low of $36.22 and a 12 month high of $72.62. While on yearly highs and lows, AMC Entertainment’s today has traded high as $37.57 and has touched $36.22 on the downward trend. See More Analyst Rating at: RATING

AMC Entertainment Earnings and What to expect: 

AMC Entertainment last issued its earnings results on August 8th, 2021. The reported ($0.71) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.91) by $0.20. The business had revenue of $444.70 million for the quarter, compared to analyst estimates of $382.11 million. Its quarterly revenue was up 2252.9% on a year-over-year basis. AMC Entertainment has generated ($16.15) earnings per share over the last year (($16.75) diluted earnings per share). Earnings for AMC Entertainment are expected to grow in the coming year, from ($2.75) to ($0.60) per share. AMC Entertainment has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 1st, 2021 based off prior year’s report dates.

Earnings for AMC Entertainment are expected to grow in the coming year, from ($2.75) to ($0.60) per share. The P/E ratio of AMC Entertainment is -2.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of AMC Entertainment is -2.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

AMC Entertainment (NYSE:AMC) Moving Average Technical Analysis

5 day Moving Average is $37.25 And 5 day price change is -$0.24 (-0.65%)  with average volume for 5 day average is 33,074,539. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $39.23 and 20 day price change is -$10.48 (-22.16%) and average 20 day moving volume is 49,490,602. 50 day moving average is $39.54  and 50 day price change is $1.62 ( 4.60%)  and with average volume for 50 days is : 73,607,148. 200 day moving average is $25.12  and 200 day price change is $34.31 (#ERROR!)  and with average volume for 200 days is : 132,897,234.

Other owners latest trading in AMC Entertainment :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 3,822 which equates to market value of $0.15M and appx 0.00% owners of AMC Entertainment
  • On 10/12/2021 shares held by Equitec Proprietary Markets LLC were 9,800 which equates to market value of $0.37M and appx 0.10% owners of AMC Entertainment
  • On 10/8/2021 shares held by Prosperity Planning Inc. were 92,318 which equates to market value of $3.51M and appx 1.90% owners of AMC Entertainment
  • In total Institutional ownership equates to Institutional Ownership Percentage: 24.90% for AMC Entertainment

See More Analyst Rating at: RATING