Corus Entertainment (OTCMKTS:CJREF) Shares Cross Below 200-Day Moving Average – Should You Sell?

Corus Entertainment Inc. (OTCMKTS:CJREF) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.20 and traded as low as $0.10. Corus Entertainment shares last traded at $0.11, with a volume of 4,000 shares trading hands.

Corus Entertainment Stock Performance

The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $21.37 million, a P/E ratio of -0.07 and a beta of 1.79. The firm has a 50 day moving average price of $0.12 and a 200-day moving average price of $0.20.

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 in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services.