(VIANEWS) – Shares of AMC (NYSE: AMC) rose 9.56% to $4.93 at 11:44 EST on Wednesday, after five successive sessions in a row of losses. NYSE is falling 0.61% to $15,927.03, following the last session’s downward trend. This seems, as yet, a somewhat down trend trading session today.
AMC’s last close was $4.50, 86.89% below its 52-week high of $34.33.
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. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.
Earnings Per Share
As for profitability, AMC has a trailing twelve months EPS of $-39.152.
Sales Growth
AMC’s sales growth is 25.9% for the ongoing quarter and 4.9% for the next.
Moving Average
AMC’s value is way below its 50-day moving average of $5.77 and way under its 200-day moving average of $10.59.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AMC’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for AMC is 19347842 which is 37.46% below its average volume of 30940400.
More news about AMC (AMC).
