Lions Gate Entertainment Corp. (NYSE:LGF-A) traded at $8.36 at last check on Friday, Oct 16, making a downturn move of -0.12% on its previous day’s price.
Looking at the stock we see that its previous close was $8.37 and the beta (5Y monthly) reads 1.62 with the day’s price range being $8.21 – 8.40. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, LGF-A has a high of $11.52 and a low of $4.18. The company’s stock has gained about -19.46% over that past 30 days.
Lions has a market cap of $1.73 Billion and is expected to release its quarterly earnings report in Aug. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the LGF-A stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.04, with the EPS growth for the year raised at -$0.07 for 2020 and -$0.11 for next year. These figures represent -0.92% and at 0.57% growth in EPS for the two years respectively.
Coming back to Lions Gate Entertainment Corp. (NYSE:LGF-A), we note that the average 3-month trading volume was 954.24 Million, while that of the preceding 10-day period stands at 921.36 Million. Current shares outstanding are 82.95 Million.
According to data from Thomson Reuters, insiders hold 10.7% of the company’s shares while institutions hold 94.09%. The data shows that short shares as of September 29, 2020, stood at 10.61 Million at a short ratio of 10.26. This represents a 4.81% Short interest in Shares outstanding on September 29, 2020. Shares short rose in September from the previous month at 10.29 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -21.58% down in year-to-date price movement.