AMC Trades With a 200-Day Moving Average of 33.01

During the last session 23M of AMC Entertainment Holdings, Inc. (NYSE:AMC)’s shares were traded. The stock closed at $27.2 per share indicating that it lost -$1.74 or -6.01% during that day which brings the AMC Entertainment Holdings, Inc.’s valuation to $14.10B.

The 52-week high for the AMC Entertainment Holdings, Inc.’s shares is $72.62. That puts it -62.54% from that peak with a 52-week low of $1.91, while the S&P 500’s share price change was of 28.79%.

What does the trading volume tell us about the AMC stock?

During the last trading session, AMC Entertainment Holdings, Inc. (NYSE:AMC) has seen decay in its daily volume. The daily volume was of 23M, while in the last 10 days the average was 48.49M and last three months – 42.36M.

Growing short interest

The AMC Entertainment Holdings, Inc.’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 96.7M shares being shorted which translates into 2.19 of a short ratio for AMC, while in the previous month the shorted shares were 87.46M.

AMC Entertainment Holdings, Inc. (NYSE:AMC)’s financials

With a market cap of 14.10B, AMC Entertainment Holdings, Inc. holds a total cash of $1.61B that translates into $3.14 per share, while the total debt is of $10.92B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 538.70%. The current revenue is of $1.52B that is $3.92 per share.

This is a great sign for a bright future.