How to buy AMC Entertainment (AMC) shares in Australia
Learn how to easily invest in AMC Entertainment shares.
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
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for AMC Entertainment. Find the share by name or ticker symbol: AMC. Research its history to confirm it's a solid investment that matches your financial goals.
- 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 using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$6.86, 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.
- 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.
What's in this guide?
- AMC Entertainment key stats
- Compare share trading platforms
- Is AMC Entertainment stock a buy or sell?
- AMC Entertainment performance over time
- Are AMC Entertainment shares over-valued?
- AMC Entertainment's financials
- How volatile are AMC Entertainment shares?
- Does AMC Entertainment pay a dividend?
- Have AMC Entertainment shares ever split?
- Other common questions
AMC Entertainment stock price (NYSE:AMC)Use our graph to track the performance of AMC stocks over time.
Have AMC Entertainment's shares ever split?
AMC Entertainment's shares were split on a 1:10 basis on 24 August 2023. So if you had owned 10 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your AMC Entertainment shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for AMC Entertainment shares which in turn could have impacted AMC Entertainment's share price.
AMC Entertainment shares at a glance
|52-week range||US$6.52 - US$80.7352|
|50-day moving average||US$8.7806|
|200-day moving average||US$36.0422|
|Dividend yield||US$0 (2.12%)|
|Earnings per share (TTM)||US$-3|
AMC Entertainment price performance over time
|1 week (2023-11-27)||10.15%|
|1 month (2023-11-03)||-30.13%|
|3 months (2023-09-01)||-42.82%|
|6 months (2023-06-02)||-81.34%|
|1 year (2022-12-02)||-89.61%|
|2 years (2021-12-03)||-95.24%|
|3 years (2020-12-04)||-78.66%|
|5 years (2018-12-04)||-94.75%|
Compare trading platforms to buy AMC Entertainment shares
Is it a good time to buy AMC Entertainment stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
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$369 million (£0.0 million).
The EBITDA is a measure of a AMC Entertainment's overall financial performance and is widely used to measure stock profitability.
AMC Entertainment share price volatility
Over the last 12 months, AMC Entertainment's shares have ranged in value from as little as US$6.52 up to US$80.7352. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while AMC Entertainment's is 2.106. This would suggest that AMC Entertainment's shares are significantly more volatile than the average for this exchange and represent a higher risk.
AMC Entertainment financials
|Revenue TTM||US$4.7 billion|
|Operating margin TTM||7.08%|
|Gross profit TTM||US$290.5 million|
|Return on assets TTM||-0.09%|
|Return on equity TTM||0%|
|Market capitalisation||US$1.4 billion|
TTM: trailing 12 months
AMC Entertainment share dividends
We're not expecting AMC Entertainment to pay a dividend over the next 12 months.
AMC Entertainment overview
AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc. was founded in 1920 and is headquartered in Leawood, Kansas.
Stocks similar to AMC Entertainment
24 January 2023: Cineworld is seeking buyers for all of its assets. As Cineworld's largest US rival, AMC has stated that the company has been in talks to acquire some of Cineworld's UK and Europe assets, hhowever Cineworld's CEO Mooky Greidinger denied Cineworld being part of those talks.
AMC Entertainment in the news
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Hollywood Shuffle: 2 Entertainment Stocks to Drop and 1 to Grab
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