Corus Entertainment (TSE:CJR.B) Stock Price Down 14.3% – What’s Next?

Corus Entertainment Inc. (TSE:CJR.B) was down 14.3% on Tuesday. The company traded as low as C$0.03 and last traded at C$0.03. Approximately 178,939 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 183,187 shares. The stock had previously closed at C$0.04.

Corus Entertainment Stock Down 14.3%

The stock has a market cap of C$5.98 million, a P/E ratio of -0.02, a PEG ratio of -0.61 and a beta of 1.11. The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.69 and a current ratio of 0.69. The firm’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.03.

About Corus Entertainment

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.