Saudi's award AMC contract to open movie theaters

Technical observation on AMC Entertainment Holdings, Inc. (AMC)

Technical observation on AMC Entertainment Holdings, Inc. (AMC)

Amc Entertainment Holdings Inc (NYSE:AMC) shares traded up 0.71% during most recent session. It owned or interests in theatres and screens.

The Leawood, Kansas-based AMC, the world's largest exhibitor, secured the first cinema operating license.

Several analysts recently issued reports on the company. FBR & Co restated a "buy" rating on shares of AMC Entertainment Holdings in a research report on Tuesday, August 2nd. Rating Scale; where 1.0 rating mean Strong Buy, 2.0 rating signifies Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock presently has a consensus rating of "Hold" and an average target price of $23.04. (NYSE:AMC) traded down 0.14% during midday trading on Wednesday, hitting $34.50. After going under observation of traders 1.43 million shares traded at hands. The company has a market capitalization of $1,948.69, a P/E ratio of -17.92, a PEG ratio of 8.84 and a beta of 0.86. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 2.27. Amc Entertainment Holdings Inc (NYSE:AMC)'s ATR-14 is at 0.68, while its weekly volatility is at 4.25% and monthly volatility is at 4.49%.

EPS growth estimate for this year is set at -520.50%.The earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding. In businesses, income can refer to a company's remaining revenues after all expenses and taxes have been paid. The firm's revenue for the quarter was up 53.0% compared to the same quarter last year. equities analysts expect that AMC Entertainment will post 0.17 earnings per share for the current fiscal year. Tracing annual dividend record of Company we disclosed that the company is giving income interest to Dividend Seeking Investors with holding annual dividend yield of 5.25%. The ex-dividend date was Friday, March 9th.

Analysts Target Price: Wall Street analysts that cover the AMC Entertainment Holdings, Inc. The third largest holder is Vanguard Group Inc, which now holds $59.15 million worth of this stock and that ownership represents almost 3.13% of its market capitalization.

COPYRIGHT VIOLATION WARNING: "Somewhat Favorable News Coverage Somewhat Unlikely to Impact AMC Entertainment (AMC) Stock Price" was first reported by and is owned by of The original version of this piece can be read at

MoviePass added back the 10 big-city AMC theaters it previously removed from its app in January, the company confirmed to Business Insider.

The news comes after AMC Entertainment signed a non-binding agreement in December with Saudi Arabia's vast Public Investment Fund to build and operate cinemas across the kingdom.

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