Corus Entertainment (TSE:CJR.B) Trading Up 31.6% – Here’s Why

Corus Entertainment Inc. (TSE:CJR.B)’s share price was up 31.6% during mid-day trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 1,774,915 shares were traded during mid-day trading, an increase of 831% from the average daily volume of 190,550 shares. The stock had previously closed at C$0.10.

Corus Entertainment Stock Up 21.1 %

The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.69. The firm’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The stock has a market capitalization of C$22.55 million, a price-to-earnings ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07.

Corus Entertainment Company Profile

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.