Corus Entertainment (TSE:CJR.B) Shares Down 25% – Should You Sell?

Corus Entertainment Inc. (TSE:CJR.B) fell 25% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 197,727 shares were traded during trading, an increase of 9% from the average session volume of 182,102 shares. The stock had previously closed at C$0.04.

Corus Entertainment Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 254.56. The stock has a market capitalization of C$5.98 million, a price-to-earnings ratio of -0.02, a PEG ratio of -0.61 and a beta of 1.63. The stock has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03.

Corus Entertainment (TSE:CJR.B) last released its quarterly earnings data 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, equities research analysts forecast that Corus Entertainment Inc. will post 0.0540541 earnings per share for the current year.

Corus Entertainment Company Profile

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.