Cineplex (OTCMKTS:CPXGF) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

by · The Markets Daily

Shares of Cineplex Inc. (OTCMKTS:CPXGF – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.61 and traded as high as $8.54. Cineplex shares last traded at $8.54, with a volume of 525 shares traded.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Cineplex in a research note on Monday, May 12th.

Get Our Latest Analysis on CPXGF

Cineplex Stock Up 1.2%

The stock has a 50 day moving average price of $7.91 and a 200 day moving average price of $7.61.

Cineplex Company Profile

(Get Free Report)

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.

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