Cineplex Inc. (OTCMKTS:CPXGF – Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.26 and traded as low as $6.72. Cineplex shares last traded at $8.05, with a volume of 13,750 shares.
Analyst Upgrades and Downgrades
Separately, Scotiabank reissued an “outperform” rating on shares of Cineplex in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.
View Our Latest Stock Report on CPXGF
Cineplex Trading Up 0.9%
Cineplex Company Profile
Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.
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