Cinemark Holdings Inc. (NYSE:CNK) went up by 8.61% from its latest closing price compared to the recent 1-year high of $27.84. The company’s stock price has collected 7.52% of gains in the last five trading sessions. Barron’s reported on 09/07/21 that ‘Shang-Chi’ Is a Box-Office Hit. AMC, Other Cinema Stocks Went Up.
Is It Worth Investing in Cinemark Holdings Inc. (NYSE :CNK) Right Now?
Plus, the 36-month beta value for CNK is at 2.59. Opinions of the stock are interesting as 5 analysts out of 12 who provided ratings for Cinemark Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $22.52, which is $4.44 above the current price. CNK currently public float of 106.45M and currently shorts hold a 22.24% ratio of that float. Today, the average trading volume of CNK was 4.00M shares.
CNK’s Market Performance
CNK stocks went up by 7.52% for the week, with a monthly jump of 23.33% and a quarterly performance of -17.39%, while its annual performance rate touched 51.91%. The volatility ratio for the week stands at 4.49% while the volatility levels for the past 30 days are set at 4.79% for Cinemark Holdings Inc.. The simple moving average for the period of the last 20 days is 12.37% for CNK stocks with a simple moving average of -6.97% for the last 200 days.
Analysts’ Opinion of CNK
Many brokerage firms have already submitted their reports for CNK stocks, with Goldman repeating the rating for CNK by listing it as a “Sell.” The predicted price for CNK in the upcoming period, according to Goldman is $19 based on the research report published on June 02nd of the current year 2021.
Loop Capital, on the other hand, stated in their research note that they expect to see CNK reach a price target of $22. The rating they have provided for CNK stocks is “Hold” according to the report published on March 01st, 2021.
MKM Partners gave a rating of “Neutral” to CNK, setting the target price at $22 in the report published on February 01st of the current year.
CNK Trading at 10.08% from the 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, the company was unable to rebound, for now settling with -34.31% of loss for the given period.
Volatility was left at 4.79%, however, over the last 30 days, the volatility rate increased by 4.49%, as shares surge +26.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.01% lower at present.
During the last 5 trading sessions, CNK rose by +7.52%, which changed the moving average for the period of 200-days by +7.91% in comparison to the 20-day moving average, which settled at $16.47. In addition, Cinemark Holdings Inc. saw 5.05% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CNK starting from Fernandes Valmir, who sale 12,000 shares at the price of $24.98 back on Mar 08. After this action, Fernandes Valmir now owns 165,288 shares of Cinemark Holdings Inc., valued at $299,760 using the latest closing price.
Fernandes Valmir, the Pr – Cinemark International of Cinemark Holdings Inc., sale 15,000 shares at $16.38 during a trade that took place back on Dec 18, which means that Fernandes Valmir is holding 144,268 shares at $245,700 based on the most recent closing price.
Stock Fundamentals for CNK
Current profitability levels for the company are sitting at:
- -86.09 for the present operating margin
- -67.49 for the gross margin
The net margin for Cinemark Holdings Inc. stands at -89.25. The total capital return value is set at -12.43, while invested capital returns managed to touch -13.61. Equity return is now at value -108.10, with -13.30 for asset returns.
Based on Cinemark Holdings Inc. (CNK), the company’s capital structure generated 492.78 points at debt to equity in total, while total debt to capital is 83.13. Total debt to assets is 69.80, with long-term debt to equity ratio resting at 461.93. Finally, the long-term debt to capital ratio is 77.93.
When we switch over and look at the enterprise to sales, we see a ratio of 7.68, with the company’s debt to enterprise value settled at 0.74. The receivables turnover for the company is 4.93 and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.