Corus Entertainment (TSE:CJR.B) Trading Down 12.5% – Time to Sell?

Corus Entertainment Inc. (TSE:CJR.B) traded down 12.5% on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 136,440 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 180,154 shares. The stock had previously closed at C$0.04.

Corus Entertainment Trading Down 12.5%

The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market capitalization of C$6.98 million, a P/E ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.47. The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

Corus Entertainment (TSE:CJR.B) last issued its quarterly earnings data on Friday, June 26th. The company reported C($0.15) earnings per share (EPS) for the quarter. Corus Entertainment had a negative net margin of 51.98% and a negative return on equity of 1,490.58%. The company had revenue of C$249.36 million for the quarter. On average, research analysts forecast that Corus Entertainment Inc. will post 0.0540541 EPS for the current fiscal year.

About Corus Entertainment

Corus Entertainment Inc (TSX: CJR.B) is a leading media and content company that develops, delivers, and distributes high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings encompasses 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms and social digital agency and media services. Corus’ roster of premium brands includes Global Television, W Network, Flavour Network, Home Network, The HISTORY® Channel, Showcase, Slice, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, Vivéo, the Global TV App, and Curiouscast.