Corus Entertainment (TSE:CJR.B) Shares Up 8.3% – Should You Buy?

Corus Entertainment Inc. (TSE:CJR.B)’s stock price traded up 8.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.03. 231,731 shares traded hands during trading, an increase of 23% from the average daily volume of 188,110 shares. The stock had previously closed at C$0.03.

Corus Entertainment Price Performance

The company has a debt-to-equity ratio of 254.56, a current ratio of 0.69 and a quick ratio of 0.69. The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The firm has a market cap of C$5.98 million, a PE ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 1.41.

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

Corus Entertainment Company Profile

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.