Market cap of AMC Entertainment Holdings Inc. [APE] reaches 2.10B – now what?

AMC Entertainment Holdings Inc. [NYSE: APE] loss -4.08% or -0.06 points to close at $1.41 with a heavy trading volume of 20384617 shares. The company report on December 29, 2022 that AMC Entertainment Holdings, Inc. Board of Directors Elects Denise “Dee” Clark and Keri Putnam to Serve as Directors of the Company, Effective January 1, 2023.

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Dee Clark and Keri Putnam will each serve as a Class III director of the Company with a term expiring at the Company’s 2023 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter.

Lee Wittlinger of Silver Lake steps down from AMC’s Board of Directors as of December 31, 2022.

If we look at the average trading volume of 26.29M shares, APE reached to a volume of 20384617 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about AMC Entertainment Holdings Inc. [APE]:

The Average True Range (ATR) for AMC Entertainment Holdings Inc. is set at 0.21, with the Price to Sales ratio for APE stock in the period of the last 12 months amounting to 0.51.

Trading performance analysis for APE stock

AMC Entertainment Holdings Inc. [APE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.50.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APE stock in for the last two-week period is set at 55.11, with the RSI for the last a single of trading hit 58.23, and the three-weeks RSI is set at 50.47 for AMC Entertainment Holdings Inc. [APE]. The present Moving Average for the last 50 days of trading for this stock 1.3885, while it was recorded at 1.5940 for the last single week of trading.

An analysis of insider ownership at AMC Entertainment Holdings Inc. [APE]

8 institutional holders increased their position in AMC Entertainment Holdings Inc. [NYSE:APE] by around 327,256 shares. Additionally, 302 investors decreased positions by around 145,620,088 shares, while 10 investors held positions by with 145,001,001 shares. The mentioned changes placed institutional holdings at 946,343 shares, according to the latest SEC report filing. APE stock had 8 new institutional investments in for a total of 327,256 shares, while 299 institutional investors sold positions of 145,511,690 shares during the same period.


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