Corus Entertainment (TSE:CJR.B) Trading 14.3% Higher – Still a Buy?

Corus Entertainment Inc. (TSE:CJR.B)’s stock price traded up 14.3% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 347,781 shares traded hands during mid-day trading, an increase of 103% from the average session volume of 171,536 shares. The stock had previously closed at C$0.04.

Corus Entertainment Stock Performance

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 company has a market cap of C$7.98 million, a PE ratio of -0.02, a P/E/G ratio of -0.61 and a beta of 1.41. The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.03.

Corus Entertainment (TSE:CJR.B) last announced its earnings results on Friday, June 26th. The company reported C($0.15) earnings per share (EPS) for the quarter. Corus Entertainment had a negative net margin of 51.98% and a negative return on equity of 1,490.58%. The business had revenue of C$249.36 million for the quarter. As a group, research analysts predict that Corus Entertainment Inc. will post 0.0540541 EPS for the current fiscal year.

Corus Entertainment Company Profile

Corus Entertainment Inc (TSX: CJR.B) is a leading media and content company that develops, delivers, and distributes high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings encompasses 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms and social digital agency and media services. Corus’ roster of premium brands includes Global Television, W Network, Flavour Network, Home Network, The HISTORY® Channel, Showcase, Slice, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, Vivéo, the Global TV App, and Curiouscast.