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 $31.60, above its previous 52-week high of $31.48 with 771,904 shares traded as of 1:06 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Lions Gate Entertainment has a market cap of $4.22 billion and is part of the services sector and media industry. Shares are up 88.7% 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.

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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 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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