AMC Networks Inc (NASDAQ:AMCX) shares, rose in value on Friday, March 28, with the stock price down by -1.87% to the previous day’s close as strong demand from buyers drove the stock to $6.84.
Actively observing the price movement in the last trading, the stock closed the session at $6.97, falling within a range of $6.74 and $7.04. The value of beta (5-year monthly) was 1.33. Referring to stock’s 52-week performance, its high was $18.58, and the low was $6.59. On the whole, AMCX has fluctuated by -2.56% over the past month.
With the market capitalization of AMC Networks Inc currently standing at about $301.89 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.31B, with a low estimate of 556.35M and a high estimate of 576M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 567.23M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMCX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AMCX currently trading nearly -2.66% and -16.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.46, while the 7-day volatility ratio is showing 5.80% which for the 30-day chart, stands at 5.52%. Furthermore, AMC Networks Inc (AMCX)’s beta value is 1.29, and its average true range (ATR) is 0.38.
A comparison of AMC Networks Inc (AMCX) with its peers suggests the former has fared considerably weaker in the market. AMCX showed an intraday change of -1.87% in last session, and over the past year, it shrunk by -42.57%%.
Data on historical trading for AMC Networks Inc (NASDAQ:AMCX) indicates that the trading volumes over the past 10 days have averaged 0.62 and over the past 3 months, they’ve averaged 575.64K. According to company’s latest data on outstanding shares, there are 32.64 million shares outstanding.
Nearly 27.67% of AMC Networks Inc’s shares belong to company insiders and institutional investors own 75.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.74 million shares as on 2025-03-14, resulting in a short ratio of 5.88. According to the data, the short interest in AMC Networks Inc (AMCX) stood at 2113.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 5.56 million. The stock has fallen by -30.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMCX stock heading into the next quarter.
