Shares of Cineplex Inc. (TSE:CGX - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.67 and traded as high as C$11.73. Cineplex shares last traded at C$11.38, with a volume of 310,819 shares.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada lifted their target price on Cineplex from C$13.00 to C$14.00 in a research report on Monday, May 12th. Canaccord Genuity Group cut their target price on shares of Cineplex from C$14.00 to C$11.00 in a research note on Thursday, April 10th. Finally, National Bankshares lowered their price target on shares of Cineplex from C$15.00 to C$13.50 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$18.79.
Read Our Latest Stock Report on Cineplex
Cineplex Stock Down 0.9%
The business's fifty day simple moving average is C$11.23 and its 200 day simple moving average is C$10.67. The company has a current ratio of 0.43, a quick ratio of 0.22 and a debt-to-equity ratio of -4,623.78. The stock has a market cap of C$711.72 million, a price-to-earnings ratio of -18.96, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74.
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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