DHX Media (TSE:DHX) Stock Price Down 9.3%

DHX Media Ltd. (TSE:DHX)’s share price fell 9.3% during trading on Thursday . The company traded as low as C$1.46 and last traded at C$1.46, 101,664 shares changed hands during mid-day trading. A decline of 51% from the average session volume of 207,134 shares. The stock had previously closed at C$1.61.

Separately, CIBC reduced their price objective on DHX Media from C$2.00 to C$1.90 in a research report on Thursday, November 7th.

The stock has a market cap of $275.21 million and a price-to-earnings ratio of -1.83. The business has a 50-day simple moving average of C$1.79 and a two-hundred day simple moving average of C$1.84. The company has a debt-to-equity ratio of 132.54, a quick ratio of 1.09 and a current ratio of 1.65.

DHX Media (TSE:DHX) last posted its quarterly earnings data on Monday, September 23rd. The company reported C$0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C($0.06) by C$0.10. The business had revenue of C$108.80 million during the quarter, compared to analyst estimates of C$95.98 million. On average, analysts expect that DHX Media Ltd. will post 0.03 earnings per share for the current fiscal year.

DHX Media Company Profile (TSE:DHX)

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.

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