AMC Networks Inc. (AMCX) in Focus: Stock Moves 6.0% Higher – Tale of the Tape

Zacks

AMC Networks Inc. (AMCX) was a big mover last session, as the company saw its shares rise by almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 46% in the past one-month time frame.

This diversified entertainment company has seen one negative revision over the last 30 days and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

AMC Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the same industry include British Sky Broadcasting Group plc (BSYBY), Phoenix New Media Ltd. (FENG) and Gray Television Inc. (GTN). All these stocks hold a Zacks Rank #2 (Buy).

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