Lions Gate Entertainment Rises On Unusually High Volume (LGF)
NEW YORK (
) --
Lions Gate Entertainment Corporation
(NYSE:
) is trading at unusually high volume Friday with 2.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 87 cents (+7.9%) at $11.88 as of 3:50 p.m. ET.
Lions Gate Entertainment has a market cap of $1.34 billion and is part of the
sector and
industry. Shares are up 32.3% year to date as of the close of trading on Thursday.
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 43.8, above the average media industry P/E ratio of 42.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Lions Gate Entertainment as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, compelling growth in net income and impressive record of earnings per share growth. 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
.
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