Athenex, Inc. (ATNX) Reaches $17.01 After 9.00% Down Move; 8 Bullish Analysts Covering AMC Networks Inc. (AMCX)

Saturday, 31 March 2018

Athenex, Inc. (ATNX) Reaches $17.01 After 9.00% Down Move; 8 Bullish Analysts Covering AMC Networks Inc. (AMCX)

AMC Networks Inc. (NASDAQ:AMCX) Logo

The stock of Athenex, Inc. (NASDAQ:ATNX) is a huge mover today! The stock decreased 2.63% or $0.46 during the last trading session, reaching $17.01. About 257,478 shares traded. Athenex, Inc. (NASDAQ:ATNX) has 0.00% since March 31, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 7 months negative chart setup for the $1.06B company. It was reported on Mar, 31 by Barchart.com. We have $15.48 PT which if reached, will make NASDAQ:ATNX worth $95.40 million less.

Among 25 analysts covering AMC Networks (NASDAQ:AMCX), 8 have Buy rating, 2 Sell and 15 Hold. Therefore 32% are positive. AMC Networks had 65 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Thursday, August 3 report. The company was initiated on Tuesday, April 5 by Jefferies. The company was downgraded on Wednesday, December 7 by Moffett Nathanson. The rating was maintained by Albert Fried on Wednesday, August 26 with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Saturday, August 8. The firm has “Buy” rating by Guggenheim given on Tuesday, October 11. As per Tuesday, February 20, the company rating was upgraded by Moffett Nathanson. Cowen & Co maintained it with “Hold” rating and $63.0 target in Monday, February 5 report. On Monday, October 26 the stock rating was upgraded by Credit Agricole to “Buy”. The company was downgraded on Thursday, October 12 by Guggenheim. See AMC Networks Inc. (NASDAQ:AMCX) latest ratings:

14/03/2018 Broker: RBC Capital Markets Rating: Sector Perform New Target: $57 Initiates Coverage On
01/03/2018 Broker: Guggenheim Rating: Hold New Target: $54.0 Maintain
20/02/2018 Broker: Moffett Nathanson Old Rating: Sell New Rating: Neutral Upgrade
05/02/2018 Broker: Cowen & Co Rating: Hold New Target: $63.0 Maintain
31/01/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $55 New Target: $57 Maintain
02/01/2018 Broker: Macquarie Research Old Rating: Outperform New Rating: Neutral Downgrade
03/11/2017 Broker: Loop Capital Rating: Hold Old Target: $60 New Target: $55 Maintain
02/11/2017 Broker: Jefferies Rating: Hold New Target: $55.0 Maintain
31/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $60.0 Maintain
31/10/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $60 New Target: $55 Maintain

The stock increased 1.71% or $0.87 during the last trading session, reaching $51.7. About 782,504 shares traded or 11.72% up from the average. AMC Networks Inc. (NASDAQ:AMCX) has declined 12.07% since March 31, 2017 and is downtrending. It has underperformed by 23.62% the S&P500.

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.05, from 0.78 in 2017Q3. It improved, as 42 investors sold AMC Networks Inc. shares while 113 reduced holdings. 50 funds opened positions while 79 raised stakes. 53.51 million shares or 0.80% more from 53.08 million shares in 2017Q3 were reported. 5,431 were accumulated by Campbell Inv Adviser Limited Liability Corp. Amundi Pioneer Asset Mgmt holds 4,517 shares. Sentinel Company Lba has invested 0.12% in AMC Networks Inc. (NASDAQ:AMCX). Ls Inv Advsr Ltd Liability invested in 3,389 shares. Liberty Mutual Grp Inc Asset Mngmt holds 0.02% or 13,221 shares in its portfolio. Financial Bank Of Mellon stated it has 759,038 shares or 0.01% of all its holdings. Prudential Plc reported 102,200 shares. Advantus Capital Mngmt stated it has 6,205 shares. First Interstate National Bank & Trust has 0.01% invested in AMC Networks Inc. (NASDAQ:AMCX) for 453 shares. Arizona State Retirement Systems, Arizona-based fund reported 36,255 shares. Gam Holdings Ag holds 17,892 shares or 0.03% of its portfolio. Vanguard Gp, Pennsylvania-based fund reported 4.14M shares. Investec Asset Management owns 0.4% invested in AMC Networks Inc. (NASDAQ:AMCX) for 1.80M shares. Moreover, Northwestern Mutual Wealth Management has 0% invested in AMC Networks Inc. (NASDAQ:AMCX) for 409 shares. Apg Asset Mngmt Nv holds 90,100 shares.

AMC Networks Inc. owns and operates various cable televisionÂ’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company has market cap of $3.14 billion. The firm operates in two divisions, National Networks; and International and Other. It has a 7.2 P/E ratio. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats.

Athenex, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of therapies for the treatment of cancer. The company has market cap of $1.06 billion. The Company’s Orascovery product candidates include Oraxol, an oral dosage form, which is in a Phase III trial in metastatic breast cancer for the treatment of advanced gastric cancer; Oratecan, an anticancer agent that is in a Phase 1 study for the treatment of colorectal, lung, ovarian, cervical, pancreatic, upper gastrointestinal, and brain cancer; Oradoxel, an anticancer agent, which is in a Phase 1 clinical study in the treatment of breast, prostate, gastric, head and neck, and lung cancer; and Oratopo, an anticancer for the treatment of cervical, ovarian ,and lung cancer. It currently has negative earnings. The firm also develops KX-01, a compound, which is in Phase 3 study for the treatment of for actinic keratosis; and KX-02 for the treatment of gliomas.

AMC Networks Inc. (NASDAQ:AMCX) Ratings Chart