Corus Entertainment (OTCMKTS:CJREF) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Corus Entertainment Inc. (OTCMKTS:CJREFGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.02 and traded as high as $0.0251. Corus Entertainment shares last traded at $0.0251, with a volume of 251 shares.

Corus Entertainment Stock Performance

The stock’s fifty day moving average is $0.02 and its two-hundred day moving average is $0.02. The company has a market capitalization of $5.20 million, a PE ratio of -0.02 and a beta of 1.17.

Corus Entertainment (OTCMKTS:CJREFGet Free Report) last posted its quarterly earnings results on Friday, June 26th. The company reported ($0.11) EPS for the quarter. The company had revenue of $181.55 million for the quarter.

About Corus Entertainment

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Corus Entertainment is a Canadian media and broadcasting company that develops, produces and distributes a broad range of content across multiple platforms. The company’s operations include a portfolio of television networks, radio stations and digital media assets that serve audiences nationwide. Its television offerings span conventional networks such as the Global Television Network as well as a suite of specialty channels covering news, lifestyle, kids and entertainment genres.

In radio, Corus Entertainment owns and operates markets in major urban and regional centres, featuring formats that range from pop and rock to talk and country.

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