Corus Entertainment (TSE:CJR.B) Trading Up 15.8% – Time to Buy?

Corus Entertainment Inc. (TSE:CJR.BGet Free Report) shares traded up 15.8% on Monday . The stock traded as high as C$0.14 and last traded at C$0.11. 1,029,104 shares traded hands during mid-day trading, an increase of 496% from the average session volume of 172,590 shares. The stock had previously closed at C$0.10.

Corus Entertainment Trading Up 31.6 %

The company has a market cap of C$24.51 million, a price-to-earnings ratio of -0.04, a PEG ratio of -0.61 and a beta of 2.07. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56. The business’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.11.

Corus Entertainment Company Profile

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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.

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