Cinemark Holdings, Inc. (NYSE:CNK) went down by -11.25% from its latest closing price when compared to the 1-year high value of $41.60 and move down -171.9%, while CNK stocks collected +9.60% of gains with the last five trading sessions. Press Release reported on 05/26/20 that Cinemark to Host First Quarter 2020 Earnings Conference Call
Cinemark Holdings, Inc. (NYSE:CNK) Worth an Investment?
Cinemark Holdings, Inc. (NYSE: CNK) scored price to earnings ratio above its average ratio, recording 9.38 times of increase in earnings at the present.
CNK Market Performance
CNK stocks went up by 9.60% for the week, with the monthly jump of 8.43% and a quarterly performance of -39.21%, while its annual performance rate touched -59.56%. The simple moving average for the period of the last 20 days is 11.48% for CNK stocks with the simple moving average of -46.16% for the last 200 days.
Analysts’ Opinion on Cinemark Holdings, Inc. (NYSE:CNK)
Many brokerage firms have already submitted their reports for CNK stocks, with B. Riley FBR repeating the rating for CNK shares by setting it to “Neutral”. The predicted price for CNK socks in the upcoming period according to B. Riley FBR is $13 based on the research report published on May 18, 2020.
Macquarie, on the other hand, stated in their research note that they expect to see CNK stock at the price of $20. The rating they have provided for CNK stocks is “Outperform” according to the report published on April 23, 2020.
B. Riley FBR gave “Buy” rating to CNK stocks, setting the target price at $16 in the report published on April 16, 2020.
CNK Stocks 25.18% Far from 50 Day Moving Average
After a stumble in the market that brought CNK to its low price for the period of the last 52 weeks, Cinemark Holdings, Inc. was unable to take a rebound, for now settling with -63.22% of loss for the given period.
The stock volatility was left at 8.84%, however, within the period of a single month, the volatility rate increased by 9.33%, while the shares sank at the distance of -0.26% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +119.83% upper at the present time.
In the course of the last 5 trading sessions, CNK went up by +9.60%, which changed the moving average for the period of 200 days to the total of -59.97% of losses for the stock in comparison to the 20-day moving average settled at $13.72. In addition, Cinemark Holdings, Inc. saw -54.80% in overturn over the period of a single year with a tendency to cut further losses.
CNK Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Cinemark Holdings, Inc. (CNK), starting from Humrichouse Ximena G, who sold 5,000 shares at the price of $11.40 back on Mar 30. After this action, Rushing now owns 16,445 shares of Cinemark Holdings, Inc., valued at $56,976 with the latest closing price.
Humrichouse Ximena G, the Director of Cinemark Holdings, Inc., bought 5,000 shares at the value of $6.18 during a trade that took place back on Mar 18, which means that Humrichouse Ximena G is holding 21,445 shares at the value of $30,900 based on the most recent closing price.
CNK Stock Fundamentals
The current profitability levels are settled at +12.41 for the present operating margin and +17.69 for gross margin. The net margin for Cinemark Holdings, Inc. stands at +5.79. Total capital return value is set at 9.79, while invested capital returns managed to touch 4.74. Equity return holds the value 12.90%, with 3.30% for asset returns.
Based on Cinemark Holdings, Inc. (CNK), the company’s capital structure generated 235.08 points for debt to equity in total, while total debt to capital is set at the value of 70.16. Total debt to assets is settled at the value of 57.91 with long-term debt to equity ratio rests at 3.12 and long-term debt to capital is 218.40.
The value for Enterprise to Sales is 1.33 with debt to enterprise value settled at 0.49. The receivables turnover for Cinemark Holdings, Inc. is 35.27 with the total asset turnover at the value of 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
An article written by Melissa Arnold on newsheater.com