Corus Entertainment (TSE:CJR.B) Shares Up 31.6% – What’s Next?

Corus Entertainment Inc. (TSE:CJR.BGet Free Report) shares shot up 31.6% during mid-day trading on Monday . The company traded as high as C$0.14 and last traded at C$0.13. 1,659,784 shares were traded during mid-day trading, an increase of 800% from the average session volume of 184,449 shares. The stock had previously closed at C$0.10.

Corus Entertainment Stock Performance

The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 254.56. The stock has a market cap of C$22.55 million, a PE ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. The business’s fifty day moving average is C$0.10 and its 200 day moving average is C$0.11.

About Corus Entertainment

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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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