Cineplex traded at 9.46 this Wednesday February 11th, decreasing 0.45 or 4.54 percent since the previous trading session. Looking back, over the last four weeks, Cineplex lost 14.77 percent. Over the last 12 months, its price fell by 17.45 percent. Looking ahead, we forecast Cineplex to be priced at 9.50 by the end of this quarter and at 8.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cineplex Inc. is a Canada-based entertainment and media company. The Company operates through three segments: Film Entertainment and Content, Media and Amusement and Leisure. The Film Entertainment and Content reporting segment includes revenues from theatre attendance, including box office and food service revenues. It also includes in-theatre amusement, theatre rentals and digital commerce rental and sales. The Media reporting segment is comprised of cinema media and digital place-based media. Cinema media consists of all in-theatre advertising revenues and costs, including pre-show, showtime, magazine and lobby advertising. Digital place-based media is comprised of revenues and costs associated with the design, installation and operations of digital signage networks, along with advertising on certain networks. The Amusement and Leisure reporting segment is comprised of the three operating segments: amusement solutions, location-based entertainment and eSports.