Corus Entertainment (TSE:CJR.B) Trading 26.3% Higher – Time to Buy?

Corus Entertainment Inc. (TSE:CJR.B)’s share price traded up 26.3% during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.12. 1,838,295 shares traded hands during trading, an increase of 855% from the average session volume of 192,444 shares. The stock had previously closed at C$0.10.

Corus Entertainment Price Performance

The business’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The company has a market capitalization of C$22.55 million, a P/E ratio of -0.03, a P/E/G 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.

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.