Shares of Cineplex Inc. (TSE:CGX - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.70 and traded as high as C$11.64. Cineplex shares last traded at C$11.41, with a volume of 211,172 shares trading hands.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on CGX. Royal Bank Of Canada raised their target price on shares of Cineplex from C$13.00 to C$14.00 in a research note on Monday, May 12th. National Bankshares cut 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, 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. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Cineplex presently has an average rating of "Buy" and an average target price of C$18.79.
View Our Latest Research Report on Cineplex
Cineplex Price Performance
The stock has a market cap of C$711.09 million, a PE ratio of -18.95, a P/E/G ratio of 0.30 and a beta of 2.74. 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 company's 50 day moving average is C$11.02 and its 200-day moving average is C$10.70.
Cineplex Company Profile
(
Get Free Report)
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
Before you consider Cineplex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cineplex wasn't on the list.
While Cineplex currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
