Corus Entertainment (OTCMKTS:CJREF) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Corus Entertainment Inc. (OTCMKTS:CJREF)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.02 and traded as high as $0.0237. Corus Entertainment shares last traded at $0.0237, with a volume of 1,000 shares.

Corus Entertainment Stock Up 16.2%

The stock has a market capitalization of $4.65 million, a price-to-earnings ratio of -0.02 and a beta of 1.25. The business’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.03.

Corus Entertainment (OTCMKTS:CJREF) last announced its quarterly earnings data on Friday, April 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $165.12 million for the quarter.

About Corus Entertainment

Corus Entertainment is a Canadian media and broadcasting company that develops, produces and distributes a broad range of content across multiple platforms. The company’s operations include a portfolio of television networks, radio stations and digital media assets that serve audiences nationwide. Its television offerings span conventional networks such as the Global Television Network as well as a suite of specialty channels covering news, lifestyle, kids and entertainment genres.

In radio, Corus Entertainment owns and operates markets in major urban and regional centres, featuring formats that range from pop and rock to talk and country.