Cinemark Holdings Inc (NYSE: CNK) is 26.26% higher on its value in year-to-date trading and has touched a low of $13.19 and a high of $20.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CNK stock was last observed hovering at around $18.24 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $17.79, the stock is -3.22% and 4.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.74 million and changing -2.47% at the moment leaves the stock 10.16% off its SMA200. CNK registered 8.94% gain for a year compared to 6-month gain of -3.58%.
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The stock witnessed a -5.72% loss in the last 1 month and extending the period to 3 months gives it a 33.26%, and is -10.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.27% over the week and 2.93% over the month.
Cinemark Holdings Inc (CNK) has around 17500 employees, a market worth around $2.16B and $3.07B in sales. Current P/E ratio is 14.39 and Fwd P/E is 11.07. Profit margin for the company is 6.01%. Distance from 52-week low is 34.87% and -12.79% from its 52-week high. The company has generated returns on investments over the last 12 months (5.08%).
The EPS is expected to shrink by -45.82% this year.
Cinemark Holdings Inc (CNK) Top Institutional Holders
The shares outstanding are 121.60M, and float is at 108.55M with Short Float at 25.72%.
Cinemark Holdings Inc (CNK) Insider Activity
The most recent transaction is an insider sale by Gierhart Wanda Marie,the company’sChief Marketing & Content Ofc. SEC filings show that Gierhart Wanda Marie sold 19,593 shares of the company’s common stock on Feb 28 ’24 at a price of $16.75 per share for a total of $0.33 million. Following the sale, the insider now owns 0.18 million shares.
