Cinemark Holdings Inc (NYSE:CNK) currently has a daily average trading volume of 2.80M but it saw 2090478 shares traded in last market. With a market cap of 3.47B USD, the company’s current market price of $28.33 came falling about -1.01 while comparing to the previous closing price of $28.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.07 and as low as $13.19. In the recent trading on the day, stock has struck highest price mark of $27.79 while lowest mark touched by it was $28.845.
Taking a look at 20-day trading activity of Cinemark Holdings Inc (CNK) gives us an average price of $28.14, while its current price level is -2.55% below from 52-week high level whereas it is 114.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $25.64 while that of 200 days or SMA-200 reads an average of $19.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.36% during that period while stretching the period over a month that increases to 2.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.70 which implies that the stock is in neutral territory.
B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on August 27, 2024 while assigning a price target of $31. Barrington Research issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $24 and $28.
Over the week, CNK’s stock price is moving -0.94% down while it is 4.54% when we observe its performance for the past one month. Year-to-date it is 101.06% up and over the past year, the stock is showing an upside performance of 62.72%.
Currently, Cinemark Holdings Inc’s total number of outstanding shares is 121.60M. Company’s return on investment (ROI) stands at 3.94% and return on equity (ROE) at 45.86%. It has a price to earnings ratio (P/E ratio) of 29.00 while having a 16.36 of forward P/E ratio. Stock’s beta reads 2.37. Stock has a price to book (P/B) ratio of 9.48 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is 2.91% on average.
