10 Low Price High Volume Stocks to Buy Now

5. AMC Entertainment Holdings, Inc. (NYSE:AMC)

Price: $3.55

Trading Volume: 10,028,310

No. of hedge fund owners: 16

The company behind the chain of movie theaters, AMC Entertainment Holdings, Inc. (NYSE:AMC), dabbles in the theatrical exhibition industry as a major player. The company has embarked on a comprehensive investment strategy, recently, with its “GO Plan,” committing up to $1.5 billion over the next four to seven years looking to enhance the movie-going experience. With GO Plan theatres will be upgraded with laser projection systems, renovated seating, and larger format screens, with an ambitious bid to get audiences back to cinemas.

Financially, AMC Entertainment Holdings, Inc. (NYSE:AMC) has continued to make proactive efforts to manage its debt. The company reduced its debt by nearly $153 million through private agreements between August and September last year. Though its stock value saw a decline of 25.6% in 2024, the company has undertaken significant debt restructuring efforts. AMC effectively strengthened its financial position through extended maturity of $1.6 billion in debt. The company’s time-to-market revenue stands at $4435 million.

From a stock perspective, AMC Entertainment Holdings, Inc. (NYSE:AMC)’s current price presents a great opportunity for investors drawn by low-priced, high-volume stocks. For AMC, there has been sustained investor interest evident in the high trading volumes. Analysts’ predictions indicate a potential upside of approximately 42.76% from the current price.

Towards the tail-end of 2024, AMC Entertainment Holdings, Inc. (NYSE:AMC) experienced a boosted financial performance thanks to blockbuster releases like “Wicked,” “Gladiator 2,” and “Moana 2”, which recorded record high footfall in theaters. The surge in attendance suggests a positive trend as the industry rebounds and AMC’s ability to capitalize on the growing demands of cinema-goers.

Overall, AMC Entertainment Holdings, Inc. (NYSE:AMC) projects a promising outlook due to the recent industry developments, and the company is positioned to ride the industry tides if it continues to revamp its service formats and launch innovative plans. Even with the evolving entertainment industry landscapes and challenges of debt, the company outlook lays a promising foundation for growth in the near future.