AMC Entertainment (NYSE:AMC) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

AMC Entertainment Holdings, Inc. (NYSE:AMC)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.32 and traded as low as $1.23. AMC Entertainment shares last traded at $1.2350, with a volume of 49,570,991 shares changing hands.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Citigroup reissued a “sell” rating and set a $1.30 price objective (down previously from $2.30) on shares of AMC Entertainment in a research report on Monday, January 12th. Zacks Research cut AMC Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AMC Entertainment in a research report on Wednesday, January 21st. Macquarie Infrastructure reduced their target price on shares of AMC Entertainment from $3.00 to $2.00 and set a “neutral” rating for the company in a research note on Thursday, January 15th. Finally, Wall Street Zen lowered shares of AMC Entertainment from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $2.66.

AMC Entertainment Trading Up 1.2%

The stock has a market capitalization of $634.65 million, a price-to-earnings ratio of -0.88 and a beta of 1.77. The company has a fifty day moving average of $1.60 and a two-hundred day moving average of $2.32.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Marshall Wace LLP grew its position in AMC Entertainment by 17,925.0% in the 2nd quarter. Marshall Wace LLP now owns 11,998,516 shares of the company’s stock worth $37,195,000 after purchasing an additional 11,931,950 shares during the last quarter. Geode Capital Management LLC raised its position in shares of AMC Entertainment by 10.6% during the second quarter. Geode Capital Management LLC now owns 10,253,501 shares of the company’s stock valued at $31,790,000 after buying an additional 982,532 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of AMC Entertainment in the second quarter valued at about $42,000. Foundations Investment Advisors LLC acquired a new stake in AMC Entertainment during the second quarter worth about $127,000. Finally, Quadrature Capital Ltd acquired a new stake in AMC Entertainment during the second quarter worth about $744,000. Institutional investors own 28.80% of the company’s stock.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company’s core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark’s RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.