Corus Entertainment (OTCMKTS:CJREF) Stock Price Crosses Below Two Hundred Day Moving Average of $4.58

Corus Entertainment Inc. (OTCMKTS:CJREF) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.58 and traded as low as $4.09. Corus Entertainment shares last traded at $4.11, with a volume of 1,343 shares.

Several equities research analysts recently commented on the company. ValuEngine cut Corus Entertainment from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd. BMO Capital Markets reaffirmed a “hold” rating and set a $6.50 target price on shares of Corus Entertainment in a research note on Monday, September 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $6.50.

The firm has a fifty day simple moving average of $3.97 and a 200-day simple moving average of $4.58. The firm has a market cap of $837.96 million, a P/E ratio of 5.99 and a beta of 0.55. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.97 and a quick ratio of 0.97.

Corus Entertainment Company Profile (OTCMKTS:CJREF)

Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through two segments, Television and Radio. The Television segment operates 44 specialty television networks and 15 conventional television stations.

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