Corus Entertainment (TSE:CJR.B) Trading Up 26.3% – Here’s Why

Shares of Corus Entertainment Inc. (TSE:CJR.BGet Free Report) traded up 26.3% on Monday . The company traded as high as C$0.14 and last traded at C$0.12. 1,838,295 shares were traded during mid-day trading, an increase of 855% from the average session volume of 192,444 shares. The stock had previously closed at C$0.10.

Corus Entertainment Price Performance

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 two-hundred day moving average price is C$0.11. The stock has a market cap of C$22.55 million, a P/E ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07.

About Corus Entertainment

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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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