Cineplex Inc. (TSE:CGX - Get Free Report)'s stock price 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 changing hands.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on CGX shares. Canaccord Genuity Group dropped their price objective on shares of Cineplex from C$14.00 to C$11.00 in a report on Thursday, April 10th. National Bankshares dropped their price objective 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. Finally, Royal Bank Of Canada lifted their price objective on shares of Cineplex from C$13.00 to C$14.00 in a report on Monday, May 12th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Cineplex has an average rating of "Buy" and a consensus price target of C$18.79.
Check Out Our Latest Analysis on Cineplex
Cineplex Stock Performance
The company has a market cap of C$726.24 million, a PE ratio of -19.35, a PEG ratio of 0.30 and a beta of 2.74. The business's 50-day moving average is C$11.10 and its 200 day moving average is C$10.68. 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.
Cineplex Company Profile
(
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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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