Cinemark Holdings Inc (NYSE:CNK) currently has a daily average trading volume of 2.64M but it saw 1515271 shares traded in last market. With a market cap of 3.51B USD, the company’s current market price of $28.67 came falling about -0.14 while comparing to the previous closing price of $28.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.87 and as low as $13.19. In the recent trading on the day, stock has struck highest price mark of $28.41 while lowest mark touched by it was $28.94.
Taking a look at 20-day trading activity of Cinemark Holdings Inc (CNK) gives us an average price of $27.81, while its current price level is -4.02% below from 52-week high level whereas it is 117.36% 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 $27.67 while that of 200 days or SMA-200 reads an average of $20.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.71% during that period while stretching the period over a month that decreases to 2.89%. 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 57.85 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 4.83% up while it is 0.28% when we observe its performance for the past one month. Year-to-date it is 103.48% up and over the past year, the stock is showing an upside performance of 75.67%.
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 29.34 while having a 15.84 of forward P/E ratio. Stock’s beta reads 2.38. Stock has a price to book (P/B) ratio of 9.59 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is 2.91% on average.
