Kew Media Group (TSE:KEW) Hits New 52-Week Low at $0.66

Kew Media Group Inc (TSE:KEW) shares reached a new 52-week low on Thursday . The stock traded as low as C$0.66 and last traded at C$0.69, with a volume of 44554 shares trading hands. The stock had previously closed at C$0.69.

Separately, TD Securities cut shares of Kew Media Group from an “action list buy” rating to a “speculative buy” rating and cut their target price for the company from C$13.00 to C$5.50 in a research note on Monday, November 18th.

The firm has a market capitalization of $11.60 million and a PE ratio of -3.15. The business’s 50 day simple moving average is C$1.84 and its 200 day simple moving average is C$4.92. The company has a current ratio of 0.75, a quick ratio of 0.50 and a debt-to-equity ratio of 255.99.

Kew Media Group (TSE:KEW) last issued its quarterly earnings data on Thursday, November 14th. The company reported C($0.18) EPS for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.61). The business had revenue of C$47.52 million for the quarter, compared to analyst estimates of C$64.30 million. Analysts forecast that Kew Media Group Inc will post 0.18 earnings per share for the current year.

About Kew Media Group (TSE:KEW)

Kew Media Group Inc operates as an independent content production company. It develops, produces, and distributes multiplatform, mass-audience, and returnable content in various genres, including factual, reality, lifestyle, drama, comedy, and documentary. The company was founded in 2015 and is headquartered in Toronto, Canada.

Featured Article: What is the Current Ratio?

Receive News & Ratings for Kew Media Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kew Media Group and related companies with MarketBeat.com's FREE daily email newsletter.