Cineplex Inc. (TSE:CGX - Get Free Report) Director Sarabjit Marwah sold 1,500 shares of the business's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of C$12.27, for a total transaction of C$18,405.00.
Cineplex Price Performance
Shares of CGX stock opened at C$12.52 on Tuesday. The company has a debt-to-equity ratio of 30,533.69, a current ratio of 0.36 and a quick ratio of 0.22. The company has a market capitalization of C$797.27 million, a PE ratio of -11.18, a price-to-earnings-growth ratio of 0.30 and a beta of 2.74. The firm's 50-day moving average is C$10.96 and its two-hundred day moving average is C$9.91. Cineplex Inc. has a 12 month low of C$7.10 and a 12 month high of C$13.09.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised their target price on shares of Cineplex from C$11.50 to C$12.00 in a research note on Thursday, October 17th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$18.71.
Check Out Our Latest Stock Report on Cineplex
About Cineplex
(
Get Free Report)
Could This Tiny Device Help You Make an Extra $30k a Year?
From Brownstone Research | Ad
I believe it’s going to power Elon Musk’s next AI revolution…
A revolution he believes will be worth more than $9 trillion.
That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
Click here to see the details because I believe a lot of people will get rich.
Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
