NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $21.75, above its previous 52-week high of $21.72 with 531,769 shares traded as of 1:26 p.m. ET. Average volume has been 979,200 shares over the past 30 days.
Cinemark has a market cap of $2.4 billion and is part of the
industry. Shares are up 24.7% year to date as of the close of trading on Thursday.
Cinemark Holdings, Inc. and its subsidiaries engage in the motion picture exhibition business. The company has a P/E ratio of 16.3, below the average media industry P/E ratio of 17.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Cinemark as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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