Cinemark Holdings Inc (NYSE:CNK) price on Friday, August 02, rose 3.51% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $23.90.
A look at the stock’s price movement, the level at last check in today’s session was $23.09. The PE ratio in trailing twelve months stood at 16.44. Turning to its 52-week performance, $23.86 and $13.19 were the 52-week high and 52-week low respectively. Overall, CNK moved 11.89% over the past month.
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Cinemark Holdings Inc’s market cap currently stands at around $2.92 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CNK is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 1.64, with CNK’s current price about 9.44% and 19.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.83, while 7-day volatility ratio is 3.38% and 3.20% in the 30-day chart. Further, Cinemark Holdings Inc (CNK) has a beta value of 2.37, and an average true range (ATR) of 0.83.
If we refocus on Cinemark Holdings Inc (NYSE:CNK), historical trading data shows that trading volumes averaged 2.94 million over the past 3 months. The company’s latest data on shares outstanding shows there are 121.60 million shares.
The 10.74% of Cinemark Holdings Inc’s shares are in the hands of company insiders while institutional holders own 127.50% of the company’s shares. Current price change has pushed the stock 69.62% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CNK stock continues to rise going into the next quarter.
