After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for AMC Entertainment Holdings Inc. (AMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.26%, to $7.78. The AMC Entertainment Holdings Inc. has recorded 164,984 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed AMC Entertainment Holdings, Inc. Successfully Completes At-the-Market Equity Offering, Raising More Than $325 Million, Substantially Increasing Its Financial Resilience.
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Stocks Info
As a NYSE listed company, AMC falls under the Communication Services sector while operating within the Entertainment industry segment. At the end of the last regular session, the stock closed at $7.80 and fluctuated between $8.32 as its day high and $7.68 as its day low. The current market capitalization of AMC Entertainment Holdings Inc. is $1.55B. A total of 18.47 million shares were traded on the day, compared to an average of 12.76M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AMC has seen 0 BUY and 6 SELL insider trades, representing the acquisition of 0 and the disposition of 16,588,417 shares. Over the last 12 months, there were 35 BUYs and 64 SELLs from insiders. Insiders purchased 4,229,791 shares during that period but sold 82,887,436.
In the most recent transaction, Antara Capital LP sold 7,993,400 shares of AMC for 1.73 per share on Jun 28. After the transaction, the 10% Owner now owns 93,911,906 company shares. In a previous transaction on Jun 27, Antara Capital LP sold 3,573,030 shares at 1.79 per share. AMC shares that 10% Owner owns now total 101,905,306.
Among the insiders who sold shares, Antara Capital LP disposed of 2,371,887 shares on Jun 26 at a per-share price of $1.79. This resulted in the 10% Owner holding 105,478,336 shares of AMC after the transaction. In another insider transaction, Antara Capital LP sold 2,650,100 shares at $1.82 per share on Jun 23. Company shares held by the 10% Owner now total 107,850,223.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. AMC’s most recent ex-dividend date was 8/12/2022 when it declared a $0.0250 quarterly dividend that was paid in cash on 8/19/2022. Previously, the company paid the dividend on 3/23/2020 with an ex-dividend date of 3/6/2020. The AMC stock dividend was $0.0750 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AMC in the last 3 months, the mean price target is $16.58 with high estimates of $45.00 and low estimates of $4.41. In terms of 52-week highs and lows, AMC has a high of $85.37 and a low of $7.05.
As of this writing, AMC has an earnings estimate of -$0.57 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$1.4. The company reported an EPS of -$1.5 in the last quarter, which was -9.50% lower than expectations of -$1.37.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. AMC’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 -$15.06, 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. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMC is Buy with a score of 2.20.
