How to buy AMC Entertainment (AMC) shares in Australia

Learn how to easily invest in AMC Entertainment shares.

AMC Entertainment Holdings Inc
NYSE: AMC - USD
ENTERTAINMENT
$36.05
- $0.78 ( - 2.12%)

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Movie theatre company AMC Entertainment (AMC) has seen its stock price jump more than 300% since the end of May.

AMC has become what is known as a "meme stock", a phenomenon where its stock price is heavily influenced by social sentiment, celebrities or influencers rather than company performance. Despite its price rise, AMC was one of the most shorted stocks in the United States thanks to plunging profits amid the pandemic.

Between January and February 2021, AMC stocks became highly volatile when the company found itself caught up in an unprecedented social media frenzy that started with GameStop (GME). Inspired Reddit members set on a mission to drive up the price of stocks that had been deliberately shorted by big-time investors.

However, in a controversial move, several platforms halted or restricted trading across a number of stocks including AMC. Unsurprisingly, this sent prices plummeting.

AMC Entertainment Holdings Inc (AMC) owns theatres both in the United States and internationally. The company was created in 1920 and is based in Kansas, United States. After being heavily shorted in early 2021, the stock surged more than 2,000% after it became the target of users on the Reddit forum WallStreetBets.

How to buy shares in AMC Entertainment

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for AMC Entertainment. Find the share by name or ticker symbol: AMC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until AMC Entertainment reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$36.83, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of AMC Entertainment, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of AMC Entertainment. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

AMC Entertainment stock price (NYSE:AMC)

Use our graph to track the performance of AMC stocks over time.

AMC Entertainment shares at a glance

Information last updated 2021-10-26.
OpenUS$36.53
HighUS$37.4
LowUS$35.7819
CloseUS$36.05
Previous closeUS$36.83
Change US$-0.78
Change % -2.1178%
Volume 27,311,735
Information last updated 2021-10-23.
52-week rangeUS$1.91 - US$72.62
50-day moving average US$41.1674
200-day moving average US$34.3808
Target priceUS$5.44
PE ratio N/A
Dividend yield US$0.03 (0.08%)
Earnings per share (TTM) US$-9.683

Where to buy AMC Entertainment stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy AMC Entertainment stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

AMC Entertainment share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying AMC Entertainment shares?

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AMC Entertainment price performance over time

Historical closes compared with the last close of $36.05

1 week (2021-10-20) -11.82%
1 month (2021-09-27) -8.27%
3 months (2021-07-27) -5.16%
6 months (2021-04-27) 214.57%
1 year (2020-10-26) 1,210.91%
2 years (2019-10-25) 270.88%
3 years (2018-10-26) 102.19%
5 years (2016-10-26) 13.72%

Is AMC Entertainment under- or over-valued?

Valuing AMC Entertainment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AMC Entertainment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

AMC Entertainment's PEG ratio

AMC Entertainment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.42. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into AMC Entertainment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

AMC Entertainment's EBITDA

AMC Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$45.8 million (£0.0 million).

The EBITDA is a measure of a AMC Entertainment's overall financial performance and is widely used to measure a its profitability.

AMC Entertainment financials

Revenue TTM US$875 million
Gross profit TTM US$-885,400,000
Return on assets TTM -9.26%
Return on equity TTM -9999999%
Profit margin 0%
Book value 11.692
Market capitalisation US$18.8 billion

TTM: trailing 12 months

Shorting AMC Entertainment shares

There are currently 91.0 million AMC Entertainment shares held short by investors – that's known as AMC Entertainment's "short interest". This figure is 5.1% down from 95.9 million last month.

There are a few different ways that this level of interest in shorting AMC Entertainment shares can be evaluated.

AMC Entertainment's "short interest ratio" (SIR)

AMC Entertainment's "short interest ratio" (SIR) is the quantity of AMC Entertainment shares currently shorted divided by the average quantity of AMC Entertainment shares traded daily (recently around 71.1 million). AMC Entertainment's SIR currently stands at 1.28. In other words for every 100,000 AMC Entertainment shares traded daily on the market, roughly 1280 shares are currently held short.

However AMC Entertainment's short interest can also be evaluated against the total number of AMC Entertainment shares, or, against the total number of tradable AMC Entertainment shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case AMC Entertainment's short interest could be expressed as 0.18% of the outstanding shares (for every 100,000 AMC Entertainment shares in existence, roughly 180 shares are currently held short) or 0.178% of the tradable shares (for every 100,000 tradable AMC Entertainment shares, roughly 178 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against AMC Entertainment.

Find out more about how you can short AMC Entertainment stock.

AMC Entertainment share dividends

We're not expecting AMC Entertainment to pay a dividend over the next 12 months.

AMC Entertainment share price volatility

Over the last 12 months, AMC Entertainment's shares have ranged in value from as little as US$1.91 up to US$72.62. A popular way to gauge a stock's volatility is its "beta".

AMC.US volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while AMC Entertainment's is 1.4386. This would suggest that AMC Entertainment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

AMC Entertainment overview

AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.

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