Corus Entertainment Inc. (OTCMKTS:CJREF)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.25 and traded as low as $4.20. Corus Entertainment shares last traded at $4.20, with a volume of 31,080 shares traded.
CJREF has been the subject of several research analyst reports. BMO Capital Markets set a $6.50 target price on Corus Entertainment and gave the stock a “hold” rating in a research report on Monday, October 21st. ValuEngine cut Corus Entertainment from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada set a $7.00 target price on Corus Entertainment and gave the stock a “hold” rating in a research report on Monday, October 21st.
The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a 50-day moving average of $4.10 and a 200-day moving average of $4.25. The stock has a market cap of $876.08 million, a PE ratio of 6.95 and a beta of 0.61.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be issued a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a yield of 4.29%. The ex-dividend date is Friday, December 13th.
About Corus Entertainment (OTCMKTS:CJREF)
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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