Corus Entertainment (TSE:CJR.B) Trading Up 14.3% – Time to Buy?

Shares of Corus Entertainment Inc. (TSE:CJR.B) traded up 14.3% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 110,128 shares were traded during trading, a decline of 38% from the average daily volume of 177,602 shares. The stock had previously closed at C$0.04.

Corus Entertainment Stock Performance

The stock has a market cap of C$7.98 million, a price-to-earnings ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.47. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 254.56.

Corus Entertainment (TSE:CJR.B) last released its quarterly earnings data on Friday, June 26th. The company reported C($0.15) earnings per share for the quarter. The company had revenue of C$249.36 million for the quarter. Corus Entertainment had a negative return on equity of 1,490.58% and a negative net margin of 51.98%. Analysts predict that Corus Entertainment Inc. will post 0.0540541 EPS for the current fiscal year.

Corus Entertainment Company Profile

Corus Entertainment Inc (TSX: CJR.B) is a leading media and content company that develops, delivers, and distributes high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings encompasses 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms and social digital agency and media services. Corus’ roster of premium brands includes Global Television, W Network, Flavour Network, Home Network, The HISTORY® Channel, Showcase, Slice, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, Vivéo, the Global TV App, and Curiouscast.