Corus Entertainment (OTCMKTS:CJREF) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Corus Entertainment Inc. (OTCMKTS:CJREF)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.07 and traded as low as $0.07. Corus Entertainment shares last traded at $0.07, with a volume of 11,250 shares changing hands.

Corus Entertainment Stock Performance

The firm has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.07. The stock has a market cap of $13.46 million, a P/E ratio of -0.02 and a beta of 1.39.

Corus Entertainment (OTCMKTS:CJREF) last issued its quarterly earnings results on Friday, April 11th. The company reported ($0.15) earnings per share (EPS) for the quarter. Corus Entertainment had a negative net margin of 64.66% and a positive return on equity of 15.04%. The firm had revenue of $188.81 million for the quarter.

Corus Entertainment Company Profile

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.