Today’s Research Reports on Trending Tickers: AMC Entertainment Holdings and Netflix
NEW YORK, NY / ACCESSWIRE / April 6, 2018 / U.S. markets ended higher on Thursday for their third straight daily gain as technology stocks recover from a series of shortcomings. The Dow Jones Industrial Average rose to 24,505.22, an increase of 0.99 percent, while the S&P 500 Index gained 0.69 percent to close at 2,662.84, led by a 1.8% gain for energy as crude prices gained, and a 1.9% climb in the materials sector. The Nasdaq Composite Index jumped 0.49 percent to close at 7,076.55. Gains in the Nasdaq were short as weakness in chip makers pressured the overall technology sector.
RDI Initiates Coverage on:
AMC Entertainment Holdings, Inc.
https://rdinvesting.com/news/?ticker=AMC
Netflix, Inc.
https://rdinvesting.com/news/?ticker=NFLX
AMC Entertainment’s stock jumped 6.17% Thursday, to close the day at $16.35. The stock recorded a trading volume of 2,893,670 shares, which was above its three months average volume of 1,972,898 shares. In the last year, AMC Entertainment’s shares have traded in a range of 10.80 – 31.45. The share price has gained 51.39% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $14.74 is greater than its 200-day moving average of $14.25. Shares of AMC Entertainment have gained roughly 3.81 percent in the past month and are up 8.28 percent year-to-date.
Access RDI’s AMC Entertainment Holdings, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMC
On Thursday, shares of Netflix recorded a trading volume of 10,655,178 shares, which was below the three months average volume of 11,472,780 shares. The stock ended the day 1.74% higher at 293.97. The share price has gained 112.01% from its 52-week low with a 52-week trading range of 138.66 – 333.98. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $301.01 is greater than its 200-day moving average of $229.36. Shares of the company are trading at a Price to Earnings ratio of 235.18. Shares of Netflix have fallen roughly 6.68 percent in the past month and are up 53.14 percent year-to-date.
Access RDI’s Netflix, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NFLX
Our Actionable Research on AMC Entertainment Holdings, Inc. (NYSE:AMC) and Netflix, Inc. (NASDAQ:NFLX) can be downloaded free of charge at Research Driven Investing.
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