Corus Entertainment (TSE:CJR.B) Shares Down 14.3% – Should You Sell?

Corus Entertainment Inc. (TSE:CJR.B) dropped 14.3% during trading on Tuesday. The company traded as low as C$0.03 and last traded at C$0.03. 178,939 shares were traded during trading, a decline of 2% from the average session volume of 183,187 shares. The stock had previously closed at C$0.04.

Corus Entertainment Stock Performance

The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 254.56. The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The company has a market capitalization of C$5.98 million, a P/E ratio of -0.02, a P/E/G ratio of -0.61 and a beta of 1.11.

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.