Corus Entertainment (TSE:CJR.B) Trading 15.8% Higher – Should You Buy?

Corus Entertainment Inc. (TSE:CJR.BGet Free Report) was up 15.8% during trading on Monday . The company traded as high as C$0.14 and last traded at C$0.11. Approximately 1,029,104 shares changed hands during mid-day trading, an increase of 496% from the average daily volume of 172,590 shares. The stock had previously closed at C$0.10.

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 business’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.11. The company has a market capitalization of C$22.55 million, a PE ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07.

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 through two segments, Television and Radio. The Television segment operates 44 specialty television networks and 15 conventional television stations.

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.