On Tuesday, Cinemark Holdings Inc (NYSE: CNK) opened higher 1.11% from the last session, before settling in for the closing price of $32.38. Price fluctuations for CNK have ranged from $13.19 to $32.48 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 26.07%. Company’s average yearly earnings per share was noted 53.35% at the time writing. With a float of $109.25 million, this company’s outstanding shares have now reached $121.60 million.
The extent of productivity of a business whose workforce counts for 17500 workers is very important to gauge. In terms of profitability, gross margin is 32.82%, operating margin of 10.16%, and the pretax margin is 5.98%.
Cinemark Holdings Inc (CNK) Insider and Institutional Ownership
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 10.72%, while institutional ownership is 126.90%. The most recent insider transaction that took place on Nov 12 ’24, was worth 817,000. In this transaction Pr – Cinemark International of this company sold 25,000 shares at a rate of $32.68, taking the stock ownership to the 179,729 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Officer proposed sale 25,000 for $32.68, making the entire transaction worth $816,942.
Cinemark Holdings Inc (CNK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 53.35% per share during the next fiscal year.
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 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 17.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.92 in one year’s time.
Technical Analysis of Cinemark Holdings Inc (CNK)
The latest stats from [Cinemark Holdings Inc, CNK] show that its last 5-days average volume of 2.45 million was inferior to 2.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 93.04%. Additionally, its Average True Range was 0.96.
During the past 100 days, Cinemark Holdings Inc’s (CNK) raw stochastic average was set at 97.18%, which indicates a significant increase from 92.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.99% in the past 14 days, which was lower than the 30.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.73, while its 200-day Moving Average is $21.84. Now, the first resistance to watch is $33.19. This is followed by the second major resistance level at $33.63. The third major resistance level sits at $34.16. If the price goes on to break the first support level at $32.22, it is likely to go to the next support level at $31.69. The third support level lies at $31.25 if the price breaches the second support level.
Cinemark Holdings Inc (NYSE: CNK) Key Stats
There are currently 122,365K shares outstanding in the company with a market cap of 4.01 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 921,800 K and its income totaled 187,800 K.
