Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Shares of movie theater giant AMC Entertainment skyrocketed by more than 300% on Wednesday as individual investors piled into the stock, forcing hedge funds to scramble to cover their losses on short positions.
Shorting occurs when an investor borrows shares and sells them to others, a position taken when the investor believes the share price is going to decline. The short seller hopes to buy shares back at a lower price to settle the loan, pocketing the difference.
The move in AMC seems to be driven by the same Reddit chat board that has helped drive GameStop to new highs this week and is pushing other heavily shorted stocks higher.
It's important to note that pushing stocks in this way leads to a lot of volatility, and it's impossible to tell if the stock will continue to rise or if it will suddenly drop sharply. Casual investors should steer clear or be prepared to keep a close watch on any positions they take.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Since the stock market crash in March caused by coronavirus, AMC Entertainment's share price has had significant positive movement.
Its last market close was USD$47.91, which is 84.43% up on its pre-crash value of USD$7.46 and 2,356.92% up on the lowest point reached during the March crash when the shares fell as low as USD$1.95.
If you had bought USD$1,000 worth of AMC Entertainment shares at the start of February 2020, those shares would have been worth USD$488.38 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$7,427.97.
|52-week range||USD$1.91 - USD$72.62|
|50-day moving average||USD$26.2263|
|200-day moving average||USD$11.931|
|Wall St. target price||USD$5.25|
|Dividend yield||USD$0.03 (5.44%)|
|Earnings per share (TTM)||USD$-21.4067|
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-06-09)||N/A|
|1 month (2021-05-20)||372.19%|
|3 months (2021-03-19)||325.41%|
|6 months (2020-12-18)||2,016.43%|
|1 year (2020-06-19)||973.55%|
|2 years (2019-06-20)||442.18%|
|3 years (2018-06-20)||256.99%|
|5 years (2016-06-20)||116.28%|
Valuing AMC Entertainment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AMC Entertainment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
AMC Entertainment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, AMC Entertainment shares trade at around 32x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
AMC Entertainment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.42. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into AMC Entertainment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
AMC Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$45.8 million.
The EBITDA is a measure of a AMC Entertainment's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$449.2 million|
|Gross profit TTM||USD$-885,400,000|
|Return on assets TTM||-10.66%|
|Return on equity TTM||-9999999%|
|Market capitalisation||USD$29.6 billion|
TTM: trailing 12 months
There are currently 102.3 million AMC Entertainment shares held short by investors – that's known as AMC Entertainment's "short interest". This figure is 16.8% up from 87.6 million last month.
There are a few different ways that this level of interest in shorting AMC Entertainment shares can be evaluated.
AMC Entertainment's "short interest ratio" (SIR) is the quantity of AMC Entertainment shares currently shorted divided by the average quantity of AMC Entertainment shares traded daily (recently around 152.7 million). AMC Entertainment's SIR currently stands at 0.67. In other words for every 100,000 AMC Entertainment shares traded daily on the market, roughly 670 shares are currently held short.
However AMC Entertainment's short interest can also be evaluated against the total number of AMC Entertainment shares, or, against the total number of tradable AMC Entertainment shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case AMC Entertainment's short interest could be expressed as 0.23% of the outstanding shares (for every 100,000 AMC Entertainment shares in existence, roughly 230 shares are currently held short) or 0.2281% of the tradable shares (for every 100,000 tradable AMC Entertainment shares, roughly 228 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against AMC Entertainment.
Grab a discount code and cut costs on reusable pads for a range of scenarios online at any of these prime retailers.
For coffee that lasts, try out reusable coffee pods in all your favourite brands from these stores. What else could you need?!
Shop a wide range of setting powder online today and save with our discount codes and coupons.
Bamboo blankets are natural, vegan, and super comfy. They regulate your body temp too! Save with our discount codes.
Bamboo towels are super soft, durable, fashionable and eco-friendly. Buy from these stores and save with our discount codes.
For an airbrushed makeup look, shop online for concealer and save with our discount codes and coupons.
Bamboo drinking straws are fashionable, durable and have antimicrobial properties. Try them from these stores today and save!
Grab a discount code and cut costs on reusable breast pads at any of these prime online retailers.
Samsung Pay is an app that will let you make contactless tap and go payments without using your debit card or entering a PIN.
A good night’s sleep makes all the difference. Improve your health and comfort with bamboo mattresses from these online stores!
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.