|Bid||12.80 x 1800|
|Ask||12.81 x 1400|
|Day's Range||12.57 - 14.34|
|52 Week Range||1.91 - 20.36|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 04, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 06, 2020|
|1y Target Est||4.44|
In 2020, AMC lost $16.15 a share. Over the past five quarters, the company's sales have shrunk 22% to 99% vs. year-ago levels. Such results normally devastate most companies.
Meme-stock favorite AMC has skyrocketed this year, but one veteran media analyst says the movie studios' pressure on the exclusivity window means AMC is very overpriced.
(Reuters) -Shares in heavily shorted AMC Entertainment Holdings closed up 1.6% in busy trading on Friday as one analyst raised their price target for the cinema operator's stock, a focus in social media forums popular among retail investors. AMC's gain was forcing bearish investors out of their positions, according to one analyst who watches short-sellers. AMC last traded at $12.98 after rising as high as $14.34 during the session, with volume 3.2 times the 10-day moving average and the stock the most-heavily traded on all exchanges.