In spite of bad news the aggregated price of cinema operators rose by 2.5% in three days.
The aggregated price of trending cinema operators stocks (Carmike Cinemas, Cinemark Holdings and Regal Entertainment Group) increased by 2.49% since 11th November in spite of bad news.
Topeca Capital Markets downgraded rating of Regal Entertainment Group (RGC) from "buy" to "hold". This rating change is associated with poor financial results for the third quarter. The rest of cinema operators - Cinemark Holdings (CNK) and Carmike Cinemas (CKEC) disappointed investors with their quarterly results.
Here is basic fundamental data of the stocks:
Market Capitalization: $651 M (CKEC), $4 B (CNK), $3.46 B (RGC)
P/E Ratio: -569.6 (CKEC), 19.94 (CNK), 29.09 (RGC)
P/BV Ratio: 2.66 (CKEC), 3.73 (CNK), -4.71 (RGC)
ROE Ratio: -1.16% (CKEC), 18.11% (CNK), -11.07% (RGC)
Debt Ratio: 0.41 (CKEC), 0.28 (CNK), -0.47 (RGC)
Movie Production, Theaters
Trend Strength: *****, Change: 2.49% Trend start: Tuesday, 2014-11-11 10:30