Corus Entertainment Inc. (OTCMKTS:CJREF – Get Free Report) shares fell below their 200-day moving average on Friday. The stock has a 200-day moving average of $0.38 and traded as low as $0.08. Corus Entertainment shares last traded at $0.09 with volume of 41,438 shares changing hands.
Wall Street analysts predict growth
Separately, Scotiabank downgraded Corus Entertainment’s rating from “hold” to “strong sell” in a report on Monday, June 10.
Read our latest stock report on CJREF
Corus Entertainment trading up 9.0%
The stock has a market cap of $16.67 million, a P/E ratio of -0.05 and a beta of 1.75. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.65 and a current ratio of 0.65. The company’s 50-day average price is $0.14 and its 200-day average price is $0.38.
Corus Entertainment (OTCMKTS:CJREF – Get Free Report) last released its quarterly earnings results on Monday, July 15. The company reported earnings per share of ($0.07) for the quarter. The company had revenue of $243.51 million during the quarter. Corus Entertainment had a positive return on equity of 1.27% and a negative net margin of 51.50%.
Company profile of Corus Entertainment
(Get free report)
Corus Entertainment Inc., a media and content company, operates specialty and conventional television stations and radio stations in Canada and internationally. It operates through two segments: Television and Radio. The Television segment consists of specialty television stations, conventional television stations, digital and streaming platforms, a social digital agency and a social media creator network; it also provides technology and media services.
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