Do Traders Think AMC NETWORKS INC Common Stock (AMCX) Can Keep Climbing Wednesday?

AMC NETWORKS INC Common Stock (AMCX) stock has risen 0.65% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

AMC NETWORKS INC Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AMCX!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AMCX Stock Today?

AMC NETWORKS INC Common Stock (AMCX) stock has fallen -2.99% while the S&P 500 has gained 0.4% as of 1:38 PM on Wednesday, Apr 20. AMCX is down -$1.19 from the previous closing price of $39.85 on volume of 157,753 shares. Over the past year the S&P 500 has risen 7.61% while AMCX is down -26.07%. AMCX earned $5.77 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.7. To see InvestorsObserver's Sentiment Score for AMC NETWORKS INC Common Stock click here.

More About AMC NETWORKS INC Common Stock

AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 78 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 76 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020. Click Here to get the full Stock Report for AMC NETWORKS INC Common Stock stock.