Corus Entertainment (TSE:CJR.B) Stock Price Up 31.6% – Should You Buy?

Corus Entertainment Inc. (TSE:CJR.BGet Free Report)’s share price shot up 31.6% during mid-day trading on Monday . The company traded as high as C$0.14 and last traded at C$0.13. Approximately 1,018,104 shares changed hands during trading, an increase of 490% from the average session volume of 172,523 shares. The stock had previously closed at C$0.10.

Corus Entertainment Stock Performance

The firm’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The stock has a market cap of C$22.55 million, a P/E ratio of -0.03, a PEG ratio of -0.61 and a beta of 2.07. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56.

About Corus Entertainment

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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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