(VIANEWS) – Amazing rebound for AMC with a 7% rise today, after raising 7% on Monday, as markets began to return towards a bullish trend. Memes stocks also roared into life. We can see that there is a lot of green in the screen for the top retail stocks, with traders rushing to get back in since it’s time to buy the dip again. High beta Meme stocks will be more volatile than the market overall if they move 1%. Yesterday’s AMC rise was $36.78 and is close to breaking $40. Since July, it has not been over $40. AMC stock found support trading near the 100-day moving average for much of August.
Shares of AMC (NYSE Composite: AMC) jumped 7.5% to $39.54 at 14:16 EST on Tuesday, after two consecutive sessions in a row of gains. NYSE Composite is jumping 0.63% to $16,753.57, after two sequential sessions in a row of gains. This seems, at the moment, a somewhat bullish trend trading session today.
AMC’s last close was $36.78, 49.35% below its 52-week high of $72.62.
Today’s last reported volume for AMC is 83240638 which is 50.87% below its average volume of 169430167.
The company’s growth estimates for the current quarter and the next is 83.1% and 93.8%, respectively.
Year-on-year quarterly revenue growth grew by 2252.9%, now sitting on 875M for the twelve trailing months.
AMC’s last week, last month’s, and last quarter’s current volatility was a positive 1.15%, a negative 1.87%, and a positive 7.86%, respectively.
AMC’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.49% (last week), 6.90% (last month), and 7.86% (last quarter), respectively.
AMC’s Stock Yearly Top and Bottom Value
AMC’s stock is valued at $39.54 at 14:16 EST, way under its 52-week high of $72.62 and way above its 52-week low of $1.91.
AMC’s Moving Average
AMC’s worth is higher than its 50-day moving average of $37.24 and way higher than its 200-day moving average of $24.81.
News about AMC (AMC) today
- AMC entertainment holdings stock forecast: AMC primed for a break higher. According to today’s article on FXStreet, “This will generally lead to a breakout at some stage and given AMC stocks history the breakout is likely to be higher. “, “$38.78 is the high for August so this is the first target for AMC then closely followed by $40 a psychological round number and an important level from the volume profile as mentioned. “
- AMC networks CEO josh sapan to step down after 26 years at helm. According to today’s article on Bloomberg Quint, “He will become executive vice chairman of the company, AMC Networks said in a statement Tuesday.”
- AMC networks CEO josh sapan steps down after 26-year run. According to today’s article on The Wall Street Journal, “Mr. Sapan will become executive vice chairman of AMC Networks, advising the company on its video-streaming efforts.”, “undefined AMC Networks Inc. Chief Executive Josh Sapan is stepping down, the company said Tuesday, capping a 26-year run during which he shepherded hits including “Mad Men” and “The Walking Dead” and masterminded the company’s foray into video streaming.”
Previous days news about AMC (AMC)
- AMC entertainment hldgs insights: return on capital employed. According to Benzinga on Saturday, 21 August, “In Q1, AMC Entertainment Hldgs brought in $148.30 million in sales but lost $427.80 million in earnings.”, “In AMC Entertainment Hldgs’s case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.”
More news about AMC (AMC).