Corus Entertainment (TSE:CJR.B) Shares Down 14.3% – Here’s What Happened

Corus Entertainment Inc. (TSE:CJR.B)’s share price fell 14.3% on Monday . The company traded as low as C$0.03 and last traded at C$0.03. 158,011 shares were traded during mid-day trading, a decline of 25% from the average session volume of 209,540 shares. The stock had previously closed at C$0.04.

Corus Entertainment Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56. The company has a market capitalization of C$5.98 million, a PE ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.45. The stock’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.05.

Corus Entertainment (TSE:CJR.B) last posted its quarterly earnings data on Friday, April 10th. The company reported C($0.04) earnings per share for the quarter. Corus Entertainment had a negative return on equity of 1,490.58% and a negative net margin of 51.98%.The firm had revenue of C$230.18 million during the quarter. On average, equities analysts predict that Corus Entertainment Inc. will post 0.0540541 EPS for the current year.

Corus Entertainment Company Profile

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to both the music, news, and talk radio markets. The company generates the vast majority of its revenue in Canada.