Corus Entertainment (OTCMKTS:CJREF) Stock Crosses Below 200-Day Moving Average of $0.55

Corus Entertainment Inc. (OTCMKTS:CJREF - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.55 and traded as low as $0.37. Corus Entertainment shares last traded at $0.37, with a volume of 53,000 shares changing hands.

Corus Entertainment Stock Down 2.6 %

The company has a 50-day simple moving average of $0.53 and a 200 day simple moving average of $0.55. The company has a market cap of $73.79 million, a P/E ratio of 2.24 and a beta of 1.82. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.19.

Corus Entertainment (OTCMKTS:CJREF - Get Free Report) last posted its quarterly earnings results on Friday, April 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. Corus Entertainment had a positive return on equity of 9.76% and a negative net margin of 29.80%. The firm had revenue of $222.79 million for the quarter.

About Corus Entertainment

(Get Free Report)

Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services.

See Also

Should you invest $1,000 in Corus Entertainment right now?

Before you consider Corus Entertainment, 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 Corus Entertainment wasn't on the list.

While Corus Entertainment currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Featured Articles and Offers

Search Headlines: