Corus Entertainment Inc. (TSE:CJR.B – Get Free Report) shares rose 16.7% during mid-day trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 710,412 shares traded hands during mid-day trading, an increase of 279% from the average daily volume of 187,683 shares. The stock had previously closed at C$0.03.
Corus Entertainment Trading Up 16.7%
The business has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04. The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.69. The company has a market capitalization of C$6.98 million, a P/E ratio of -0.02, a PEG ratio of -0.61 and a beta of 1.58.
Corus Entertainment (TSE:CJR.B – Get Free Report) last issued its earnings results on Friday, April 10th. The company reported C($0.04) earnings per share (EPS) 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. Analysts anticipate that Corus Entertainment Inc. will post 0.0540541 earnings per share for the current fiscal year.
About Corus Entertainment
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.
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