AMC Stock Bullish By 20% In The Last 10 Sessions

(VIANEWS) – Shares of AMC (NYSE: AMC) jumped by a staggering 20.77% in 10 sessions from $4.96 at 2023-04-24, to $5.99 at 12:24 EST on Monday, following the last session’s downward trend. NYSE is jumping 0.15% to $15,404.48, following the last session’s upward trend.

AMC’s last close was $5.89, 78.58% under its 52-week high of $27.50.

About AMC

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc. was founded in 1920 and is headquartered in Leawood, Kansas.

Earnings Per Share

As for profitability, AMC has a trailing twelve months EPS of $-1.

Moving Average

AMC’s worth is way above its 50-day moving average of $5.36 and way below its 200-day moving average of $8.36.

Revenue Growth

Year-on-year quarterly revenue growth declined by 15.4%, now sitting on 3.91B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AMC’s stock is considered to be oversold (<=20).

More news about AMC (AMC).

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