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Cineworld Group (LON:CINE) Shares Cross Below 200 Day Moving Average of $3.70

Defense World ·  Mar 24, 2023 15:53

Cineworld Group plc (LON:CINE – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.70 ($0.05) and traded as low as GBX 2.21 ($0.03). Cineworld Group shares last traded at GBX 2.28 ($0.03), with a volume of 9,750,723 shares.

Cineworld Group Stock Performance

The business has a fifty day moving average of GBX 3.49 and a 200-day moving average of GBX 3.70. The company has a market cap of £31.24 million, a PE ratio of -12.67, a P/E/G ratio of 0.12 and a beta of 3.36. The company has a current ratio of 0.14, a quick ratio of 0.12 and a debt-to-equity ratio of 3,825.90.

About Cineworld Group

(Get Rating)

Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, ticket booking, film distribution, advertising, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.

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