NEW YORK, August 31, 2017 /PRNewswire/ --
If you want a Stock Review on AMC, CNK, EROS, or RGC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com takes a closer look at the Movie Production, Theaters industry, which includes companies that own theaters and screens in both the US and abroad. Four equities have been lined up for review, and they are AMC Entertainment Holdings Inc. (NYSE: AMC), Cinemark Holdings Inc. (NYSE: CNK), Eros International PLC (NYSE: EROS), and Regal Entertainment Group (NYSE: RGC). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
AMC Entertainment Holdings
Leawood, Kansas headquartered AMC Entertainment Holdings Inc.'s stock finished Wednesday's session 4.67% higher at $13.45. A total volume of 3.28 million shares was traded, which was above their three months average volume of 2.74 million shares. The Company's shares are trading below their 50-day moving average by 27.96%. Furthermore, shares of the Company, which through its subsidiaries, operates in the theatrical exhibition business, have a Relative Strength Index (RSI) of 32.86.
On August 08th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $30 a share to $22 a share.
On August 08th, 2017, AMC Entertainment reported the sale of its 50% ownership stake in Open Road Releasing, LLC to Tang Media Partners. AMC's President and CEO Adam Aron said: "The sale of our ownership stake in Open Road is consistent with our plan announced this past Friday to identify non-strategic assets, all together totaling $400 million that can be monetized over the next 24 months. Implementing that plan has now begun." Visit us today and access our complete research report on AMC at:
Shares in Plano, Texas headquartered Cinemark Holdings Inc. ended at $32.94, up 1.51% from the last trading session. The stock recorded a trading volume of 2.22 million shares, which was above its three months average volume of 1.15 million shares. The Company's shares are trading 11.81% below their 50-day moving average. Moreover, shares of Cinemark, which together with its subsidiaries, engages in the motion picture exhibition business, have an RSI of 30.07.
On August 10th, 2017, Cinemark announced that its Board of Directors has declared a cash dividend for Q2 2017 of $0.29 per share of common stock. The dividend will be paid on September 13th, 2017, to stockholders of record on August 31st, 2017.
On August 11th, 2017, research firm Piper Jaffray initiated an 'Overweight' rating on the Company's stock, with a target price of $44 per share. The complimentary report on CNK can be downloaded at:
Secaucus, New Jersey-based Eros International PLC's stock ended yesterday's session 5.76% higher at $10.10 with a total trading volume of 614,219 shares. The Company's shares have advanced 5.21% in the past month and 4.66% over the previous three months. The stock is trading 2.82% below its 50-day moving average. Additionally, shares of Eros, which together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide, have an RSI of 58.27.
On August 11th, 2017, Eros announced that Eros Now, its cutting-edge digital over-the-top South Asian entertainment platform, will now be available on all Opera TV-powered devices, including smart TVs, Blu-ray disc players, and set-top boxes, worldwide. Subscribers will also be able to access Eros Now using the Opera TV store. Register for free on DailyStockTracker.com and access the latest research report on EROS at:
Regal Entertainment Group
On Wednesday, shares in Knoxville, Tennessee-based Regal Entertainment Group recorded a trading volume of 3.04 million shares, which was above their three months average volume of 2.62 million shares. The stock finished 0.48% higher at $14.74. The Company's shares are trading below their 50-day moving average by 20.20%. Furthermore, shares of Regal Entertainment, which together with its subsidiaries, operates as a motion picture exhibitor in the US, have an RSI of 30.65. Get free access to your research report on RGC at:
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