Lions Gate Entertainment Stock Falls On Unusually High Volume (LGF)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Lions Gate Entertainment Corporation (NYSE: LGF) is trading at unusually high volume Wednesday with 2.8 million shares changing hands. It is currently at two times its average daily volume and trading down $1.60 (-5.6%) at $26.81 as of 4 p.m. ET.

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Lions Gate Entertainment has a market cap of $3.96 billion and is part of the services sector and media industry. Shares are up 73.2% year to date as of the close of trading on Tuesday.

Lions Gate Entertainment Corp., an entertainment company, engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales activities. The company has a P/E ratio of 18, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lions Gate Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Lions Gate Entertainment Ratings Report.

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