Corus Entertainment (OTCMKTS:CJREF) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Corus Entertainment Inc. (OTCMKTS:CJREF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.02 and traded as high as $0.0273. Corus Entertainment shares last traded at $0.0273, with a volume of 1,000 shares traded.

Corus Entertainment Stock Down 8.4%

The company has a 50-day moving average price of $0.03 and a 200-day moving average price of $0.02. The firm has a market capitalization of $4.90 million, a price-to-earnings ratio of -0.02 and a beta of 1.17.

Corus Entertainment (OTCMKTS:CJREF) last issued its quarterly earnings data on Friday, June 26th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $181.55 million during the quarter.

Corus Entertainment Company Profile

Corus Entertainment is a Canadian media and broadcasting company that develops, produces and distributes a broad range of content across multiple platforms. The company’s operations include a portfolio of television networks, radio stations and digital media assets that serve audiences nationwide. Its television offerings span conventional networks such as the Global Television Network as well as a suite of specialty channels covering news, lifestyle, kids and entertainment genres.

In radio, Corus Entertainment owns and operates markets in major urban and regional centres, featuring formats that range from pop and rock to talk and country.