AMC Entertainment Holdings Inc (AMC) Surges to Yearly Low, Is Now Worst Performer

July 17, 2017 - By Marie Mckinney

Investors sentiment increased to 1.7 in Q4 2016. Its up 0.79, from 0.91 in 2016Q3. It increased, as 16 investors sold AMC Entertainment Holdings Inc shares while 30 reduced holdings. 24 funds opened positions while 54 raised stakes. 30.74 million shares or 30.21% more from 23.60 million shares in 2016Q3 were reported.
Rothschild Asset Mgmt Inc reported 0.09% in AMC Entertainment Holdings Inc (NYSE:AMC). Deutsche National Bank Ag holds 0.01% of its portfolio in AMC Entertainment Holdings Inc (NYSE:AMC) for 289,796 shares. Millennium Mngmt Limited Com has 0% invested in AMC Entertainment Holdings Inc (NYSE:AMC). Fifth Third Comml Bank owns 55,480 shares. Chicago Equity Ltd Limited Liability Company holds 27,720 shares. Victory Mngmt Inc owns 11,995 shares or 0% of their US portfolio. Tig stated it has 205,117 shares or 0.5% of all its holdings. Citigroup has 24,774 shares for 0% of their portfolio. Blackrock invested in 7,196 shares or 0% of the stock. Da Davidson & Company has invested 0% in AMC Entertainment Holdings Inc (NYSE:AMC). 42 were reported by Sei. Clinton Gru Inc owns 23,493 shares. Three Peaks Management Llc reported 347,567 shares stake. Vanguard Grp holds 3.03 million shares. Tiaa Cref Investment Mgmt Limited Liability Corp holds 0% or 116,170 shares in its portfolio.

The stock of AMC Entertainment Holdings Inc (NYSE:AMC) hit a new 52-week low and has $18.44 target or 7.00 % below today’s $19.83 share price. The 7 months bearish chart indicates high risk for the $2.57B company. The 1-year low was reported on Jul, 17 by Barchart.com. If the $18.44 price target is reached, the company will be worth $179.90M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

About 4.44 million shares traded or 137.43% up from the average. AMC Entertainment Holdings Inc (NYSE:AMC) has declined 9.74% since July 17, 2016 and is downtrending. It has underperformed by 26.44% the S&P500.

AMC Entertainment Holdings Inc (NYSE:AMC) Ratings Coverage

Among 12 analysts covering AMC Entertainment (NYSE:AMC), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. AMC Entertainment had 35 analyst reports since July 22, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Monday, April 24 report. RBC Capital Markets upgraded the shares of AMC in report on Tuesday, January 26 to “Outperform” rating. The firm has “Outperform” rating by FBR Capital given on Wednesday, December 21. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, January 4. The company was maintained on Thursday, January 28 by M Partners. The company was initiated on Wednesday, August 24 by Loop Capital. The company was downgraded on Wednesday, February 1 by Credit Suisse. The firm has “Neutral” rating given on Wednesday, March 30 by B. Riley & Co. Benchmark maintained AMC Entertainment Holdings Inc (NYSE:AMC) rating on Wednesday, December 21. Benchmark has “Buy” rating and $43.21 target. The stock of AMC Entertainment Holdings Inc (NYSE:AMC) earned “Buy” rating by Stifel Nicolaus on Tuesday, November 8.

More notable recent AMC Entertainment Holdings Inc (NYSE:AMC) news were published by: Seekingalpha.com which released: “Movie theater stocks decline again” on July 12, 2017, also Seekingalpha.com with their article: “Premium VOD threat hangs over movie theater sector” published on July 05, 2017, Zacks.com published: “What Falling Estimates & Price Mean for AMC Entertainment Holdings (AMC) July …” on July 14, 2017. More interesting news about AMC Entertainment Holdings Inc (NYSE:AMC) were released by: Businesswire.com and their article: “AMC Entertainment Holdings, Inc. to Announce Second Quarter 2017 Results and …” published on June 26, 2017 as well as Benzinga.com‘s news article titled: “12 Biggest Mid-Day Losers For Monday” with publication date: July 17, 2017.

AMC Entertainment Holdings, Inc. is a holding company. The company has market cap of $2.57 billion. The Company, through its subsidiaries, including AMC Entertainment Inc. , American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It has a 21.76 P/E ratio. It operates through theatrical exhibition activities segment.

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