Corus Entertainment (TSE:CJR.B) Trading 16.7% Higher – Should You Buy?

Corus Entertainment Inc. (TSE:CJR.B) shares traded up 16.7% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 114,463 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 177,852 shares. The stock had previously closed at C$0.03.

Corus Entertainment Stock Up 14.3%

The stock has a fifty day moving average of C$0.03 and a two-hundred day moving average of 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. The stock has a market cap of C$7.98 million, a price-to-earnings ratio of -0.03, a PEG ratio of -0.61 and a beta of 1.63.

Corus Entertainment (TSE:CJR.B) last announced its quarterly earnings results on Friday, June 26th. The company reported C($0.15) EPS for the quarter. The firm 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%. As a group, analysts predict that Corus Entertainment Inc. will post 0.0540541 EPS for the current fiscal 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.