Cineplex (OTCMKTS:CPXGF) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $7.83 and traded as high as $8.76. Cineplex shares last traded at $8.60, with a volume of 58,053 shares changing hands.

Cineplex Stock Performance

The company’s 50 day moving average is $7.87 and its 200-day moving average is $7.27.

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.

Further Reading

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