Cineworld Group plc (LON:CINE)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 53.86 ($0.70) and traded as high as GBX 88.04 ($1.15). Cineworld Group shares last traded at GBX 88.04 ($1.15), with a volume of 16,573,573 shares trading hands.
Several equities analysts recently commented on the company. Peel Hunt reissued a “buy” rating and issued a GBX 120 ($1.57) target price on shares of Cineworld Group in a report on Monday, November 23rd. Morgan Stanley reissued an “underweight” rating on shares of Cineworld Group in a report on Tuesday, November 17th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 120 ($1.57) target price on shares of Cineworld Group in a report on Monday, November 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Cineworld Group has an average rating of “Hold” and an average target price of GBX 100 ($1.31).
The firm has a fifty day simple moving average of GBX 72.21 and a 200-day simple moving average of GBX 53.86. The company has a market cap of £1.35 billion and a PE ratio of -0.79. The company has a quick ratio of 0.37, a current ratio of 0.39 and a debt-to-equity ratio of 675.43.
Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, property, software development and provision, ticket booking, film distribution, advertising, general partner, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.
Further Reading: What are convertible shares?
Receive News & Ratings for Cineworld Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cineworld Group and related companies with MarketBeat.com's FREE daily email newsletter.