On Friday, Cinemark Holdings Inc (NYSE: CNK) opened at On Friday, remained unchanged from the last session, before settling in for the closing price of $26.52. Price fluctuations for CNK have ranged from $13.19 to $27.08 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 26.07% over the last five years. Company’s average yearly earnings per share was noted -3.91% at the time writing. With a float of $109.14 million, this company’s outstanding shares have now reached $121.60 million.
The firm has a total of 17500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.09%, operating margin of 9.7%, and the pretax margin is 4.9%.
Cinemark Holdings Inc (CNK) Insider Activity
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Cinemark Holdings Inc is 10.74%, while institutional ownership is 129.01%. The most recent insider transaction that took place on Feb 28 ’24, was worth 328,183. In this transaction Chief Marketing & Content Ofc of this company sold 19,593 shares at a rate of $16.75, taking the stock ownership to the 179,591 shares.
Cinemark Holdings Inc (CNK) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -6.07% drop over the previous five years of trading.
Cinemark Holdings Inc (NYSE: CNK) Trading Performance Indicators
Check out the current performance indicators for Cinemark Holdings Inc (CNK). In the past quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 15.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Cinemark Holdings Inc (CNK)
Analysing the last 5-days average volume posted by the [Cinemark Holdings Inc, CNK], we can find that recorded value of 2.11 million was lower than the volume posted last year of 3.06 million. As of the previous 9 days, the stock’s Stochastic%D was 76.75%. Additionally, its Average True Range was 0.85.
During the past 100 days, Cinemark Holdings Inc’s (CNK) raw stochastic average was set at 94.80%, which indicates a significant increase from 87.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.32% in the past 14 days, which was higher than the 35.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.88, while its 200-day Moving Average is $17.56. Now, the first resistance to watch is $26.83. This is followed by the second major resistance level at $27.15. The third major resistance level sits at $27.50. If the price goes on to break the first support level at $26.16, it is likely to go to the next support level at $25.81. Should the price break the second support level, the third support level stands at $25.49.
Cinemark Holdings Inc (NYSE: CNK) Key Stats
There are currently 122,346K shares outstanding in the company with a market cap of 3.25 billion. Presently, the company’s annual sales total 3,067 M according to its annual income of 188,200 K. Last quarter, the company’s sales amounted to 734,200 K and its income totaled 45,800 K.
