Scotiabank Lowers Corus Entertainment (OTCMKTS:CJREF) to Strong Sell

Scotiabank lowered shares of Corus Entertainment (OTCMKTS:CJREFFree Report) from a hold rating to a strong sell rating in a report published on Monday morning, Zacks.com reports.

Corus Entertainment Price Performance

OTCMKTS:CJREF opened at $0.14 on Monday. The company has a market capitalization of $27.45 million, a price-to-earnings ratio of -0.09 and a beta of 1.81. Corus Entertainment has a 52 week low of $0.14 and a 52 week high of $1.25. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.65 and a current ratio of 0.65. The company has a 50-day moving average of $0.37 and a 200-day moving average of $0.50.

Corus Entertainment (OTCMKTS:CJREFGet Free Report) last posted its earnings results on Friday, April 12th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $222.79 million for the quarter. Corus Entertainment had a positive return on equity of 9.65% and a negative net margin of 29.80%.

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 in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services.

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