Cineplex Inc. (TSE:CGX - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$11.03 and traded as high as C$11.05. Cineplex shares last traded at C$10.63, with a volume of 94,266 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group upped their price objective on Cineplex from C$12.50 to C$14.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$20.00.
Check Out Our Latest Stock Report on CGX
Cineplex Price Performance
The company has a current ratio of 0.43, a quick ratio of 0.22 and a debt-to-equity ratio of -4,623.78. The company has a fifty day moving average price of C$11.29 and a two-hundred day moving average price of C$11.03. The firm has a market cap of C$632.78 million, a P/E ratio of -16.86, a PEG ratio of 0.30 and a beta of 2.74.
About Cineplex
(
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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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