Corus Entertainment (TSE:CJR.B) Trading Up 14.3% – What’s Next?

Corus Entertainment Inc. (TSE:CJR.BGet Free Report) was up 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 110,128 shares traded hands during trading, a decline of 38% from the average session volume of 177,602 shares. The stock had previously closed at C$0.04.

Corus Entertainment Price Performance

The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 254.56. The stock has a market cap of C$7.98 million, a price-to-earnings ratio of -0.02, a PEG ratio of -0.61 and a beta of 1.47. The company has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03.

Corus Entertainment (TSE:CJR.BGet Free Report) last issued its earnings results on Friday, June 26th. The company reported C($0.15) EPS for the quarter. Corus Entertainment had a negative net margin of 51.98% and a negative return on equity of 1,490.58%. The company had revenue of C$249.36 million during the quarter. As a group, research analysts anticipate that Corus Entertainment Inc. will post 0.0540541 EPS for the current fiscal year.

About Corus Entertainment

(Get Free Report)

Corus Entertainment Inc (TSX: CJR.B) is a leading media and content company that develops, delivers, and distributes high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings encompasses 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms and social digital agency and media services. Corus’ roster of premium brands includes Global Television, W Network, Flavour Network, Home Network, The HISTORY® Channel, Showcase, Slice, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, Vivéo, the Global TV App, and Curiouscast.

Featured Stories

Receive News & Ratings for Corus Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corus Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.