Corus Entertainment (TSE:CJR.B) Stock Price Up 31.6% – Here’s What Happened

Corus Entertainment Inc. (TSE:CJR.B)’s share price shot up 31.6% on Monday . The company traded as high as C$0.14 and last traded at C$0.13. 1,774,915 shares were traded during mid-day trading, an increase of 831% from the average session volume of 190,550 shares. The stock had previously closed at C$0.10.

Corus Entertainment Stock Performance

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 firm has a market capitalization of C$22.55 million, a PE ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07. The firm’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.11.

Corus Entertainment Company Profile

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.