Shares of Cineplex Inc. (TSE:CGX - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.77 and traded as high as C$11.04. Cineplex shares last traded at C$10.75, with a volume of 139,962 shares.
Wall Street Analyst Weigh In
CGX has been the topic of several research analyst reports. Canaccord Genuity Group increased their price target on shares of Cineplex from C$11.50 to C$12.00 in a report on Thursday, October 17th. Canaccord Genuity Group increased their target price on Cineplex from C$11.50 to C$12.50 and gave the stock a "buy" rating in a research note on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$18.71.
Get Our Latest Analysis on CGX
Cineplex Stock Up 0.7 %
The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 30,533.69. The company has a market capitalization of C$684.56 million, a P/E ratio of -9.60, a PEG ratio of 0.30 and a beta of 2.74. The stock has a 50 day moving average price of C$11.84 and a 200 day moving average price of C$10.77.
Cineplex (TSE:CGX - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported C($0.39) EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.63). During the same quarter in the previous year, the company posted $0.40 earnings per share. On average, research analysts anticipate that Cineplex Inc. will post 1.0754912 earnings per share for the current fiscal year.
Insider Activity at Cineplex
In other Cineplex news, Director Ellis Jacob sold 29,874 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$10.02, for a total value of C$299,337.48. Insiders sold a total of 33,615 shares of company stock worth $340,197 in the last quarter. 1.85% of the stock is owned by insiders.
About Cineplex
(
Get Free Report)
Cineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.
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