Cineplex Inc. (TSE:CGX – Get Score) shares reached a brand new 52-week low throughout mid-day buying and selling on Thursday after Scotiabank lowered their value goal on the inventory from C$14.25 to C$13.00. The inventory traded as little as C$8.03 and final traded at C$8.16, with a quantity of 149126 shares altering fingers. The inventory had beforehand closed at C$8.44.
A number of different analysts additionally lately commented on the inventory. Royal Financial institution of Canada raised shares of Cineplex from a “sector carry out” ranking to an “outperform” ranking and dropped their value goal for the corporate from C$15.00 to C$14.00 in a report on Monday, September twelfth. TD Securities decreased their value goal on Cineplex from C$17.50 to C$15.50 and set a “purchase” ranking for the corporate in a report on Friday, November eleventh. BMO Capital Markets dropped their value goal on shares of Cineplex from C$15.00 to C$12.00 in a analysis word on Monday, September twelfth. Lastly, Canaccord Genuity Group decreased their goal value on shares of Cineplex from C$16.00 to C$13.00 in a analysis word on Thursday, November third.
Cineplex Buying and selling Down 3.6 %
The corporate has a fast ratio of 0.22, a present ratio of 0.34 and a debt-to-equity ratio of seven,933.30. The corporate’s 50-day shifting common value is C$9.49 and its 200-day shifting common value is C$10.01. The agency has a market cap of C$515.77 million and a price-to-earnings ratio of -2.65.
Cineplex (TSE:CGX – Get Score) final posted its quarterly earnings knowledge on Thursday, November tenth. The corporate reported C($0.21) EPS for the quarter, lacking the consensus estimate of C($0.09) by C($0.12). The enterprise had income of C$339.84 million throughout the quarter, in comparison with the consensus estimate of C$330.60 million. Equities analysts anticipate that Cineplex Inc. will publish 0.8872417 EPS for the present fiscal 12 months.
Cineplex Firm Profile
(Get Score)
Cineplex Inc, along with its subsidiaries, operates as an leisure and media firm in Canada and internationally. It operates via 4 segments: Movie Leisure and Content material, Media, Amusement and Leisure, and Location-Primarily based Leisure. The corporate engages in theatre exhibition and theatre meals service actions.
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