AMC Networks Inc (NASDAQ: AMCX) stock enjoyed a major increase of 11.0% on 8/13/24. The shares closed at $10.01. NORMAL trading volume accompanied the advance. The stock has been extremely weak relative to the market over the last nine months and has declined -1.1% 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 (Low 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 94 but a very low Power Rating of 1, triggering the Low Neutral Value Trend Rating.
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.
Be the first to comment