A new trading day began on Monday, with Cinemark Holdings Inc (NYSE: CNK) stock price up 4.35% from the previous day of trading, before settling in for the closing price of $34.52. CNK’s price has ranged from $13.19 to $34.99 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 26.07%. Meanwhile, its annual earnings per share averaged 53.35%. With a float of $109.38 million, this company’s outstanding shares have now reached $122.37 million.
Let’s determine the extent of company efficiency that accounts for 17500 employees. In terms of profitability, gross margin is 17.64%, operating margin of 10.16%, and the pretax margin is 5.98%.
Cinemark Holdings Inc (CNK) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Cinemark Holdings Inc is 10.61%, while institutional ownership is 124.29%. The most recent insider transaction that took place on Nov 21 ’24, was worth 2,759,715. In this transaction Director of this company sold 85,229 shares at a rate of $32.38, taking the stock ownership to the 443,972 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 85,229 for $32.79, making the entire transaction worth $2,794,659.
Cinemark Holdings Inc (CNK) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.15 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
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
Here are Cinemark Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.53. Likewise, its price to free cash flow for the trailing twelve months is 19.32.
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 1.93 in one year’s time.
Technical Analysis of Cinemark Holdings Inc (CNK)
Looking closely at Cinemark Holdings Inc (NYSE: CNK), its last 5-days average volume was 4.09 million, which is a jump from its year-to-date volume of 2.86 million. As of the previous 9 days, the stock’s Stochastic %D was 91.30%. Additionally, its Average True Range was 1.14.
During the past 100 days, Cinemark Holdings Inc’s (CNK) raw stochastic average was set at 98.36%, which indicates a significant increase from 94.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.24% in the past 14 days, which was higher than the 31.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.93, while its 200-day Moving Average is $23.03. However, in the short run, Cinemark Holdings Inc’s stock first resistance to watch stands at $36.54. Second resistance stands at $37.07. The third major resistance level sits at $37.86. If the price goes on to break the first support level at $35.23, it is likely to go to the next support level at $34.44. Now, if the price goes above the second support level, the third support stands at $33.92.
Cinemark Holdings Inc (NYSE: CNK) Key Stats
With a market capitalization of 4.41 billion, the company has a total of 122,365K Shares Outstanding. Currently, annual sales are 3,067 M while annual income is 188,200 K. The company’s previous quarter sales were 921,800 K while its latest quarter income was 187,800 K.
