Lions Gate Entertainment Reaches New 52-Week High (LGF)

NEW YORK ( TheStreet) -- Lions Gate Entertainment Corporation (NYSE: LGF) hit a new 52-week high Wednesday as it is currently trading at $30.65, above its previous 52-week high of $30.57 with 710,961 shares traded as of 12:33 p.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Lions Gate Entertainment has a market cap of $3.98 billion and is part of the services sector and media industry. Shares are up 82.5% 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.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 solid stock price performance. 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.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Comcast Results Shed Light on Impact of Tax Cuts, Cord Cutting

Comcast Results Shed Light on Impact of Tax Cuts, Cord Cutting

Verizon CEO: Don't Expect Any Huge Media Acquisitions From Us

Verizon CEO: Don't Expect Any Huge Media Acquisitions From Us

Why Lions Gate Is a Major Player in Consolidating Hollywood

Why Lions Gate Is a Major Player in Consolidating Hollywood

Markets Dip as Bitcoin Rises; Analysts Consider Apple's iPhone Dependency--ICYMI

Markets Dip as Bitcoin Rises; Analysts Consider Apple's iPhone Dependency--ICYMI

Disney, Pixar's 'Coco' Tops Weekend Box Office

Disney, Pixar's 'Coco' Tops Weekend Box Office