Corus Entertainment (TSE:CJR.B) Trading 14.3% Higher – Still a Buy?

Shares of Corus Entertainment Inc. (TSE:CJR.B) traded up 14.3% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 124,888 shares were traded during trading, a decline of 32% from the average daily volume of 183,570 shares. The stock had previously closed at C$0.04.

Corus Entertainment Trading Up 14.3%

The company has a debt-to-equity ratio of 254.56, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$7.98 million, a P/E ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.49.

Corus Entertainment (TSE:CJR.B) last released its quarterly earnings data on Friday, June 26th. The company reported C($0.15) EPS for the quarter. Corus Entertainment had a negative net margin of 51.98% and a negative return on equity of 1,490.58%. The firm had revenue of C$249.36 million for the quarter. On average, equities research analysts expect 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.