Cineplex (OTCMKTS:CPXGF) Shares Cross Below 50 Day Moving Average – What’s Next?

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.67 and traded as low as $7.24. Cineplex shares last traded at $7.24, with a volume of 995 shares trading hands.

Cineplex Stock Performance

The company has a 50 day moving average of $7.67 and a 200-day moving average of $6.85.

Cineplex Company Profile

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Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.

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