Cineplex (OTCMKTS:CPXGF) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Cineplex Inc. (OTCMKTS:CPXGFGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.67 and traded as low as $7.24. Cineplex shares last traded at $7.24, with a volume of 995 shares traded.

Cineplex Stock Performance

The business has a 50-day moving average price of $7.65 and a 200-day moving average price of $6.86.

Cineplex Company Profile

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Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.

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