Cineplex Inc. (TSE:CGX - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.79 and traded as high as C$11.49. Cineplex shares last traded at C$11.35, with a volume of 142,256 shares trading hands.
Analyst Ratings Changes
CGX has been the topic of a number of recent research reports. Canaccord Genuity Group dropped their price target on shares of Cineplex from C$14.00 to C$11.00 in a research note on Thursday, April 10th. 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 research note on Wednesday, April 9th. Finally, Royal Bank of Canada upped their price target on shares of Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$18.79.
Get Our Latest Research Report on Cineplex
Cineplex Price Performance
The company has a market capitalization of C$716.77 million, a PE ratio of -19.10, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. The company has a quick ratio of 0.22, a current ratio of 0.43 and a debt-to-equity ratio of -4,623.78. The firm's 50-day moving average is C$10.25 and its 200-day moving average is C$10.79.
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.
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