Large Inflow of Money Detected in AMC Entertainment Holdings

AMC Entertainment Holdings (AMC): $3.78 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 3.24. The value of trades done on upticks was $5.47 million, whereas, trades done on downticks were valued at $1.69 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.64 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $3.64 million. AMC Entertainment Holdings (AMC) fell $0.17 traded at $29.63, a change of -0.57% over the previous day. The stock is 2.07% for the week.


Shares of AMC Entertainment Holdings, Inc. appreciated by 2.73% during the last five trading days but lost 3% on a 4-week basis. AMC Entertainment Holdings, Inc. is up 2% in the last 3-month period. Year-to-Date the stock performance stands at 25.64%.

AMC Entertainment Holdings (NYSE:AMC): The stock opened at $29.88 on Monday but the bulls could not build on the opening and the stock topped out at $29.93 for the day. The stock traded down to $29.50 during the day, due to lack of any buying support eventually closed down at $29.71 with a loss of -0.30% for the day. The stock had closed at $29.80 on the previous day. The total traded volume was 531,190 shares.

In a related news, Aron Adam M, CEO of Amc Entertainment Holdings, Inc., had purchased 10,000 shares on August 8, 2016. The total value of the transaction was $288,000. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

AMC Entertainment Holdings, Inc. is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE) and American Multi-Cinema, Inc. (OpCo), is engaged in the theatrical exhibition business. The Company owns, operates or holds interests in approximately 380 theatres with a total of over 5,260 screens, which are located in the United States. It offers a range of food and beverage items, which include popcorn; soft drinks; candy; hot dogs; specialty drinks, including premium beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. The Company has implemented dine-in theatre concepts, including AMC Red Kitchen at approximately 16 locations, which features kitchen facilities, seat-side servers, and a separate bar and lounge area. The Company licenses first-run films from distributors owned by film production companies and from independent distributors.

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