Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. AMC Entertainment Holdings Inc’s current trading price is -76.47% away from its 52-week high, while its distance from the 52-week low is 17.44%. The stock’s price range during this period has varied between $2.38 and $11.88. The company, active in the Communication Services sector, saw a trading volume of around 4.24 million for the day, considerably lower average daily volume of 9.79 million observed over the last three months.
AMC Entertainment Holdings Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $11.88 on 05/14/24, and the lowest price during the same period was recorded at $2.38 on 04/16/24.
How Financial Performance Impacts Market Capitalization
AMC Entertainment Holdings Inc (AMC) has experienced a quarterly decline of -30.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.21B and boasts a workforce of 33382 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.73, with a change in price of -1.56. Similarly, AMC Entertainment Holdings Inc recorded 12,394,052 in trading volume during the last 100 days, posting a change of -35.86%.
AMC Stock Stochastic Average
As of today, the raw stochastic average of AMC Entertainment Holdings Inc over the past 50 days is 5.77%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 13.33%. Additionally, the Stochastic %K and %D values for the company were 14.68% and 18.87%, respectively, over the past 20 days.
AMC Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -29.77%.However, over the last six months, we can see a stronger performance of -37.89%. Over the last 30 days, the price of AMC has leaped by -8.36%. And in the last five days, it has fallen by -8.96%.
