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Corus Leisure Inc. (OTCMKTS:CJREF – Get Rating) was the goal of a major progress in brief curiosity throughout the month of December. As of December fifteenth, there was quick curiosity totalling 7,709,800 shares, a progress of 44.8% from the November thirtieth complete of 5,323,400 shares. Based mostly on a mean every day buying and selling quantity, of 24,700 shares, the short-interest ratio is presently 312.1 days.
Corus Leisure Buying and selling Up 7.0 %
CJREF traded up $0.10 throughout buying and selling on Friday, reaching $1.56. The corporate had a buying and selling quantity of 15,392 shares, in comparison with its common quantity of 12,081. The inventory has a market cap of $306.26 million, a P/E ratio of three.65 and a beta of 1.58. The enterprise has a 50 day easy shifting common of $1.61 and a 200-day easy shifting common of $2.23. Corus Leisure has a 52 week low of $1.41 and a 52 week excessive of $4.43. The corporate has a fast ratio of 0.73, a present ratio of 0.73 and a debt-to-equity ratio of 1.38.
Corus Leisure (OTCMKTS:CJREF – Get Rating) final launched its earnings outcomes on Friday, October twenty first. The corporate reported ($0.06) earnings per share for the quarter. The enterprise had income of $263.50 million throughout the quarter. Corus Leisure had a optimistic return on fairness of 9.02% and a destructive web margin of 14.95%.
Corus Leisure Cuts Dividend
The agency additionally not too long ago declared a dividend, which was paid on Thursday, December twenty ninth. Shareholders of document on Thursday, December fifteenth have been issued a $0.0436 dividend. This represents a yield of 10.91%. The ex-dividend date of this dividend was Wednesday, December 14th. Corus Leisure’s dividend payout ratio is presently -18.95%.
Analyst Rankings Modifications
Quite a lot of equities analysts have not too long ago commented on the inventory. BMO Capital Markets minimize their value goal on shares of Corus Leisure from C$4.50 to C$2.50 in a analysis report on Monday, October twenty fourth. Scotiabank decreased their goal value on shares of Corus Leisure from C$3.40 to C$3.00 in a analysis be aware on Friday, December ninth. Cormark downgraded shares of Corus Leisure from a “purchase” ranking to a “market carry out” ranking in a analysis report on Monday, September twelfth. TD Securities decreased their value goal on shares of Corus Leisure from C$5.00 to C$4.50 in a analysis report on Wednesday, December twenty first. Lastly, CIBC minimize shares of Corus Leisure from an “outperform” ranking to a “impartial” ranking in a report on Monday, September twelfth. 4 funding analysts have rated the inventory with a maintain ranking and two have given a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat.com, Corus Leisure has a consensus ranking of “Maintain” and a mean value goal of $4.16.
About Corus Leisure
Corus Leisure Inc, a media and content material firm, operates specialty and traditional tv networks, and radio stations in Canada and internationally. It operates in two segments, Tv and Radio. The Tv section operates 33 specialty tv networks and 15 typical tv stations.
See Additionally
This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].
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