Cinemark Holdings Inc (CNK) concluded trading on Wednesday at a closing price of $28.57, with 14.64 million shares of worth about $418.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.73% during that period and on February 19, 2025 the price saw a loss of about -13.58%. Currently the company’s common shares owned by public are about 122.37M shares, out of which, 109.52M shares are available for trading.
Stock saw a price change of -8.63% in past 5 days and over the past one month there was a price change of -0.35%. Year-to-date (YTD), CNK shares are showing a performance of -7.78% which increased to 72.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.74 but also hit the highest price of $36.28 during that period. The average intraday trading volume for Cinemark Holdings Inc shares is 2.38 million. The stock is currently trading -5.40% below its 20-day simple moving average (SMA20), while that difference is down -7.20% for SMA50 and it goes to 7.95% higher than SMA200.
Cinemark Holdings Inc (NYSE: CNK) currently have 122.37M outstanding shares and institutions hold larger chunk of about 124.63% of that.
The stock has a current market capitalization of $3.50B and its 3Y-monthly beta is at 2.42. PE ratio of stock for trailing 12 months is 18.37, while it has posted earnings per share of $1.56 in the same period. It has Quick Ratio of 0.96 while making debt-to-equity ratio of 6.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNK, volatility over the week remained 4.89% while standing at 3.07% over the month.
Stock’s fiscal year EPS is expected to drop by -8.20% while it is estimated to increase by 18.03% in next year. EPS is likely to grow at an annualized rate of -1.65% for next 5-years, compared to annual growth of -6.07% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on November 01, 2024 offering a Neutral rating for the stock and assigned a target price of $32 to it. Coverage by Barrington Research stated Cinemark Holdings Inc (CNK) stock as an Outperform in their note to investors on October 31, 2024, suggesting a price target of $36 for the stock. On August 28, 2024, Barrington Research Downgrade their recommendations, while on August 27, 2024, B. Riley Securities Downgrade their ratings for the stock with a price target of $31. Stock get an Outperform rating from Barrington Research on August 05, 2024.
