Lions Gate Entertainment Stock Hits New 52-Week High (LGF)

Lions Gate Entertainment Corporation (NYSE:LGF) hit a new 52-week high Tuesday as it is currently trading at $12.51, above its previous 52-week high of $12.44 with 480,299 shares traded as of 10:40 a.m. ET. Average volume has been 707,700 shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Lions Gate Entertainment Corporation

(NYSE:

LGF

) hit a new 52-week high Tuesday as it is currently trading at $12.51, above its previous 52-week high of $12.44 with 480,299 shares traded as of 10:40 a.m. ET. Average volume has been 707,700 shares over the past 30 days.

Lions Gate Entertainment has a market cap of $1.34 billion and is part of the

services

sector and

media

industry. Shares are up 44.7% year to date as of the close of trading on Friday.

Lions Gate Entertainment Corp., an entertainment company, engages in the motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, new channel platforms, and digital distribution activities. The company has a P/E ratio of 48.2, above the average media industry P/E ratio of 42.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Lions Gate Entertainment as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full

Lions Gate Entertainment Ratings Report

.

See all

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