Corus Entertainment (TSE:CJR.B) Trading Up 11.8% – What’s Next?

Shares of Corus Entertainment Inc. (TSE:CJR.BGet Free Report) were up 11.8% during mid-day trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 278,048 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 175,622 shares. The stock had previously closed at C$0.09.

Corus Entertainment Price Performance

The stock has a market capitalization of C$18.63 million, a price-to-earnings ratio of -0.03, a PEG ratio of -0.61 and a beta of 2.07. The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.69. The company has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.12.

Corus Entertainment Company Profile

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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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