This Morning's Technical Outlook on Movie Production, Theaters Stocks -- AMC Entertainment, Cinemark, Eros, and Regal Entertainment
NEW YORK, Nov. 27, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on AMC, CNK, EROS, and RGC which is a click away at http://www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com takes a close look at the recent performance of AMC Entertainment Holdings Inc. (NYSE: AMC), Cinemark Holdings Inc. (NYSE: CNK), Eros International PLC (NYSE: EROS), and Regal Entertainment Group (NYSE: RGC). Firms in the Movie Production Theaters industry are also referred to as motion picture exhibition or theatrical exhibition companies. With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: http://www.wallstequities.com/registration
AMC Entertainment Holdings
Leawood, Kansas headquartered AMC Entertainment Holdings Inc.'s stock jumped 4.92%, finishing last Friday's trading session at $13.85. A total volume of 1.74 million shares was traded. The Company's shares have gained 7.36% over the previous three months. The stock is trading below its 50-day moving average by 1.27%. Additionally, shares of AMC Entertainment, which through its subsidiaries, operates in the theatrical exhibition business, have a Relative Strength Index (RSI) of 56.75.
On November 07th, 2017, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $30.50 a share to $30 a share.
On November 09th, 2017, AMC Entertainment announced that it is scheduled to participate in one-on-one meetings at the Bank of America Merrill Lynch 2017 Leveraged Finance Conference from November 29th, 2017 to November 30th, 2017 at Boca Raton Resort & Club in Boca Raton, Florida. A link to the webcast, including copies of any related presentation materials, will be made available under the Investor Relations section of the Company's website. Our free and thorough report on AMC awaits you at: http://www.wallstequities.com/registration/?symbol=AMC
Cinemark Holdings
Shares in Plano, Texas headquartered Cinemark Holdings Inc. ended at $34.24, up 1.57% from the last trading session. The stock recorded a trading volume of 570,706 shares. The Company's shares have advanced 2.67% over the previous three months. The stock is trading 3.55% below its 50-day moving average. Moreover, shares of Cinemark, which together with its subsidiaries, engages in the motion picture exhibition business, have an RSI of 47.38.
On November 17th, 2017, Cinemark announced that its Board of Directors has declared a cash dividend of $0.29 per share of common stock for Q3 2017. The dividend will be paid on December 15th, 2017, to stockholders of record on December 01st, 2017. CNK complimentary research coverage a few simple steps away at:
http://www.wallstequities.com/registration/?symbol=CNK
Eros International
On Friday, shares in Secaucus, New Jersey-based Eros International PLC recorded a trading volume of 356,024 shares. The stock rose 1.51%, closing the day at $13.45 The Company's shares have gained 9.80% in the last one month, 46.99% over the previous three months, and 3.07% on an YTD basis. The stock is trading 19.27% above its 200-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 56.52.
On November 13th, 2017, Eros announced that Eros Now, the Company's cutting-edge digital over-the-top South Asian entertainment platform, has partnered with Roku Inc., who pioneered streaming to the TV. Roku® devices can now stream Eros Now's vast library of Bollywood and regional language films, TV shows, and originals at $7.99 per month in the USA, Canada, and UK. Register for your free research report on EROS at:
http://www.wallstequities.com/registration/?symbol=EROS
Regal Entertainment Group
At the close of trading on Friday, shares in Knoxville, Tennessee-based Regal Entertainment Group recorded a trading volume of 3.07 million shares. The stock finished the session 4.64% higher at $17.37. The Company's shares have gained 5.85% in the past month and 18.08% in the previous three months. The stock is trading above its 50-day moving average by 7.58%. Furthermore, shares of Regal Entertainment, which together with its subsidiaries, operates as a motion picture exhibitor in the US, have an RSI of 63.56.
On November 09th, 2017, Regal Entertainment (RGC) has received the prestigious Great Place to Work® certification. This distinguished award recognizes RGC's ongoing ability to provide an outstanding workplace for its team as the Company claims its third certification. Independent analysts survey employees in the US and select top-performing companies, repeatedly recognizing RGC's standout results. Wall St. Equities' downloadable research report on RGC available at:
http://www.wallstequities.com/registration/?symbol=RGC
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