Cinemark Holdings Inc (CNK) volume hits 1.52 million: A New Opening for Investors

As on Wednesday, Cinemark Holdings Inc (NYSE: CNK) started slowly as it slid -0.14% to $28.67, before settling in for the price of $28.71 at the close. Taking a more long-term approach, CNK posted a 52-week range of $13.19-$29.87.

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The company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 26.07%. Meanwhile, its Annual Earning per share during the time was -6.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.78%. This publicly-traded company’s shares outstanding now amounts to $121.60 million, simultaneously with a float of $109.27 million. The organization now has a market capitalization sitting at $3.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.67, while the 200-day Moving Average is $20.33.

Cinemark Holdings Inc (CNK) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Entertainment industry. Cinemark Holdings Inc’s current insider ownership accounts for 10.72%, in contrast to 123.88% institutional ownership. According to the most recent insider trade that took place on Aug 19 ’24, this organization’s Pr – Cinemark International sold 25,000 shares at the rate of 27.19, making the entire transaction reach 679,750 in total value, affecting insider ownership by 204,729.

Cinemark Holdings Inc (CNK) Earnings and Revenue Records

Cinemark Holdings Inc’s EPS increase for this current 12-month fiscal period is 6.78% and is forecasted to reach 1.81 in the upcoming year.

Cinemark Holdings Inc (NYSE: CNK) Trading Performance Indicators

Let’s observe the current performance indicators for Cinemark Holdings Inc (CNK). It’s Quick Ratio in the last reported quarter now stands at 1.26. The Stock has managed to achieve an average true range (ATR) of 0.83. Alongside those numbers, its PE Ratio stands at $29.34, and its Beta score is 2.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.24. Similarly, its price to free cash flow for trailing twelve months is now 16.45.

In the same vein, CNK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.98, a figure that is expected to reach 0.55 in the next quarter, and analysts are predicting that it will be 1.81 at the market close of one year from today.

Technical Analysis of Cinemark Holdings Inc (CNK)

Through scrutinizing the latest numbers posted by the [Cinemark Holdings Inc, CNK], it can be observed that its last 5-days Average volume of 2.63 million was lower the volume of 2.88 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 70.53% While, its Average True Range was 0.86.

Raw Stochastic average of Cinemark Holdings Inc (CNK) in the period of the previous 100 days is set at 91.14%, which indicates a major rise in contrast to 66.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.47% that was lower than 32.54% volatility it exhibited in the past 100-days period.