Corus Entertainment (OTCMKTS:CJREF) Stock Passes Below 200 Day Moving Average – Here’s Why

Corus Entertainment Inc. (OTCMKTS:CJREF) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.07 and traded as low as $0.0261. Corus Entertainment shares last traded at $0.0274, with a volume of 17,001 shares traded.

Corus Entertainment Price Performance

The firm’s fifty day simple moving average is $0.06 and its 200 day simple moving average is $0.07. The company has a market capitalization of $5.37 million, a price-to-earnings ratio of -0.10 and a beta of 1.39.

Corus Entertainment (OTCMKTS:CJREF) last issued its quarterly earnings results on Thursday, October 30th. The company reported ($0.26) EPS for the quarter.

About Corus Entertainment

Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services.