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AMC Entertainment Holdings (NYSE:AMC) shares were on track to snap their six-day losing streak on Thursday, as the stock rose 4.4% to $4.29 in afternoon trade.
The theater chain has lost about 92% over the last 12-months, compared to a nearly 19% gain of the broader S&P 500 Index. Short interest on AMC stands at 9.3% of the total float.
Looking at Seeking Alpha’s Quant Ratings, AMC has a Hold rating with a score of 2.85 out of 5. The company received an A+ for revisions and a B+ for growth, but only managed a D+ for profitability.
Turning to the Wall Street community, four out of seven analysts gave AMC a Hold rating, one gave it a Sell rating, and two gave it a Strong Sell rating.
Seeking Alpha analysts at large consider the stock a Sell. According to SA analyst Pacifica Yield, “AMC Entertainment is set to see its fourth quarter cash burn ramp back up after respite provided by Barbenheimer.”
Last month, the company had announced the launch of its own branded line of gourmet candy at its theater concession stands throughout the U.S.
