Shares of Carmike Cinemas Inc. (NASDAQ:CKEC) reached a new 52-week high on Friday . The company traded as high as $32.15 and last traded at $32.13, with a volume of 38,702 shares. The stock had previously closed at $32.05.

A number of analysts have recently weighed in on the stock. B. Riley reiterated a “neutral” rating and issued a $30.00 price objective on shares of Carmike Cinemas in a research note on Sunday, May 8th. Zacks Investment Research lowered shares of Carmike Cinemas from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 6th. Finally, Wedbush reiterated a “neutral” rating and issued a $30.00 price objective on shares of Carmike Cinemas in a research note on Friday, July 15th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.33.

The company’s 50 day moving average is $31.35 and its 200-day moving average is $29.59. The stock has a market cap of $782.61 million and a P/E ratio of 641.80.

Carmike Cinemas (NASDAQ:CKEC) last issued its quarterly earnings data on Monday, August 1st. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by $0.04. During the same period in the previous year, the company earned $0.36 EPS. The firm had revenue of $204.70 million for the quarter, compared to analyst estimates of $209.35 million. The company’s revenue was down 6.6% on a year-over-year basis. Equities research analysts expect that Carmike Cinemas Inc. will post $0.31 EPS for the current year.

Carmike Cinemas, Inc is a motion picture exhibitor company. The Company owns and operates theatres and screens. Its theatres are equipped to provide digital cinema. It owns, operates or has an interest in approximately 280 theatres with over 2,940 screens located in over 40 states. In addition, it has approximately 260 theatres with over 1,090 screens equipped for three dimension (3-D).

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