Corus Entertainment (TSE:CJR.B) Shares Cross Above 200 Day Moving Average – Here’s Why

Corus Entertainment Inc. (TSE:CJR.BGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.13. Corus Entertainment shares last traded at C$0.12, with a volume of 42,506 shares trading hands.

Corus Entertainment Stock Down 4.0 %

The company has a market cap of C$23.53 million, a price-to-earnings ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. The stock’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.11. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56.

Corus Entertainment Company Profile

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Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through two segments, Television and Radio. The Television segment operates 44 specialty television networks and 15 conventional television stations.

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