Corus Entertainment (TSE:CJR.B) Stock Price Up 16.7% – Time to Buy?

Corus Entertainment Inc. (TSE:CJR.B – Get Free Report) traded up 16.7% during trading on Friday. The stock traded as high as C$0.04 and last traded at C$0.04. 577,897 shares were traded during mid-day trading, an increase of 214% from the average daily volume of 184,288 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 business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.03. The firm 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 1.11.

About Corus Entertainment

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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.

Further Reading

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