Corus Entertainment (TSE:CJR.B) Shares Up 31.6% – Here’s Why

Shares of Corus Entertainment Inc. (TSE:CJR.BGet Free Report) were up 31.6% during mid-day trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 1,774,915 shares traded hands during trading, an increase of 831% from the average daily volume of 190,550 shares. The stock had previously closed at C$0.10.

Corus Entertainment Price Performance

The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 254.56. The company has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.11. The firm has a market cap of C$22.55 million, a P/E ratio of -0.03, a PEG ratio of -0.61 and a beta of 2.07.

About Corus Entertainment

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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.

Further Reading

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