Corus Entertainment (TSE:CJR.B) Stock Price Up 31.6% – Time to Buy?

Shares of Corus Entertainment Inc. (TSE:CJR.B) shot up 31.6% during mid-day trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 1,659,784 shares changed hands 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 stock has a market capitalization 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 company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.69. The firm’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.11.

Corus Entertainment Company Profile

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.