Cineplex Inc. (TSE:CGX) Senior Officer Robert Matthew Cousins Sells 2,241 Shares

Cineplex Inc. (TSE:CGX) Senior Officer Robert Matthew Cousins sold 2,241 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of C$10.02, for a total value of C$22,454.82.

Cineplex Price Performance

Shares of TSE CGX opened at C$10.21 on Friday. Cineplex Inc. has a twelve month low of C$7.10 and a twelve month high of C$11.16. The firm has a market cap of C$650.17 million, a P/E ratio of -9.12, a PEG ratio of 0.30 and a beta of 2.74. The company has a 50 day moving average of C$10.42 and a 200 day moving average of C$9.39. The company has a quick ratio of 0.22, a current ratio of 0.36 and a debt-to-equity ratio of 30,533.69.

Analyst Ratings Changes

A number of brokerages have recently commented on CGX. Canaccord Genuity Group boosted their price target on Cineplex from C$11.50 to C$12.00 in a research report on Thursday, October 17th. Scotiabank boosted their price target on Cineplex from C$10.00 to C$12.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Desjardins boosted their price objective on shares of Cineplex from C$52.00 to C$53.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, TD Securities boosted their price objective on shares of Cineplex from C$14.00 to C$16.00 and gave the stock a “buy” rating in a report on Friday, August 16th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$18.71.

Cineplex Company Profile

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.