Corus Entertainment (TSE:CJR.B) Stock Price Up 16.7% – What’s Next?

Corus Entertainment Inc. (TSE:CJR.B) rose 16.7% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 178,701 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 184,939 shares. The stock had previously closed at C$0.03.

Corus Entertainment Price Performance

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 company has a market capitalization of C$5.98 million, a price-to-earnings ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.58. The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

Corus Entertainment (TSE:CJR.B) last posted its quarterly earnings results on Friday, April 10th. The company reported C($0.04) earnings per share (EPS) for the quarter. The company had revenue of C$230.18 million during the quarter. Corus Entertainment had a negative return on equity of 1,490.58% and a negative net margin of 51.98%. Sell-side analysts forecast that Corus Entertainment Inc. will post 0.0540541 earnings per share for the current year.

Corus Entertainment Company Profile

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to both the music, news, and talk radio markets. The company generates the vast majority of its revenue in Canada.