Shares of Cineplex Inc. (TSE:CGX - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$10.73 and traded as high as C$11.94. Cineplex shares last traded at C$11.60, with a volume of 361,729 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on CGX. Canaccord Genuity Group decreased their price objective on shares of Cineplex from C$14.00 to C$11.00 in a research report on Thursday, April 10th. Royal Bank Of Canada boosted their price target on Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Finally, National Bankshares lowered their target price on shares of Cineplex from C$15.00 to C$13.50 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$18.79.
View Our Latest Analysis on CGX
Cineplex Stock Performance
The company has a debt-to-equity ratio of -4,623.78, a quick ratio of 0.22 and a current ratio of 0.43. The firm has a market cap of C$732.56 million, a P/E ratio of -19.52, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. The firm's fifty day moving average price is C$10.77 and its 200 day moving average price is C$10.73.
About Cineplex
(
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Cineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.
Further Reading
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