24.9 C
New York
Tuesday, June 6, 2023

Is AMC Entertainment Holdings Inc. (NYSE: APE) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for AMC Entertainment Holdings Inc. (APE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $1.65. The AMC Entertainment Holdings Inc. has recorded 154,042 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Amcor announces intent to acquire Moda Systems.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

This NYSE-listed company operates within the Entertainment industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $1.65 and fluctuated between $1.6700 as its day high and $1.6006 as its day low. The current market capitalization of AMC Entertainment Holdings Inc. is $3.23B. A total of 7.4 million shares were traded on the day, compared to an average of 21.49M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, APE has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 49,008,964 shares. Over the last 12 months, there were 0 BUYs and 3 SELLs from insiders. Insiders purchased 0 shares during that period but sold 49,008,964.

In the most recent transaction, Antara Capital LP sold 955,190 shares of APE for 1.52 per share on May 03. After the transaction, the 10% Owner now owns 154,451,533 company shares. In a previous transaction on May 02, Antara Capital LP sold 1,263,420 shares at 1.51 per share. APE shares that 10% Owner owns now total 155,406,723.

Among the insiders who sold shares, Antara Capital LP disposed of 1,500,000 shares on Apr 24 at a per-share price of $1.54. This resulted in the 10% Owner holding 156,670,143 shares of APE after the transaction. In another insider transaction, Antara Capital LP sold 2,918,400 shares at $1.66 per share on Apr 14. Company shares held by the 10% Owner now total 158,170,143.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for APE in the last 3 months, the mean price target is $2.26 with high estimates of $4.50 and low estimates of $0.50. In terms of 52-week highs and lows, APE has a high of $10.50 and a low of $0.65.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. APE’s latest balance sheet shows that the firm has $1.59B in Cash & Short Term Investments as of fiscal 2021. There were $10.75B in debt and $1.79B in liabilities at the time. Its Book Value Per Share was -$5.08, while its Total Shareholder’s Equity was -$1.79B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles