Corus Entertainment (TSE:CJR.B) Stock Jumps 16.7% – What’s Next?

Corus Entertainment Inc. (TSE:CJR.B)’s stock price was up 16.7% on Wednesday. The company traded as high as C$0.04 and last traded at C$0.04. Approximately 104,096 shares changed hands during trading, a decline of 44% from the average session volume of 185,346 shares. The stock had previously closed at C$0.03.

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 firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The stock has a market cap of C$6.98 million, a P/E ratio of -0.02, a PEG ratio of -0.61 and a beta of 1.41.

Corus Entertainment Company Profile

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.