AMC Networks Inc (NASDAQ: AMCX) stock enjoyed a major increase of 15.0% on 5/13/24. The shares closed at $15.23. Moreover, this advance was accompanied by exceptionally high trading volume at 218% of normal. The stock has performed in line with the market over the last nine months and has risen 28.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, AMCX is expected to continue to be a major Value Builder.
AMC Networks has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AMC Networks has a very high Appreciation Score of 91 but a poor Power Rating of 26, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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