Cinemark Holdings Inc stock performance trend indicates that the stock price has rallied 15.61% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.09% . Looking at the past 52 week period, the stock price is up at 22.66% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cinemark Holdings Inc has a positive value of 22.66 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 72.49.
Cinemark Holdings Inc (NYSE:CNK) has climbed 1.25% in the past week and advanced 4.69% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.01% and the outperformance has advanced to 3.5% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Cinemark Holdings Inc (NYSE:CNK) : On Friday heightened volatility was witnessed in Cinemark Holdings Inc (NYSE:CNK) which led to swings in the share price. The stock opened for trading at $44.23 and hit $44.55 on the upside , eventually ending the session at $44.44, with a gain of 0.98% or 0.43 points. The heightened volatility saw the trading volume jump to 1,581,375 shares. The 52-week high of the share price is $44.55 and the company has a market cap of $5,370 million. The 52-week low of the share price is at $32.6 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by RBC Capital Mkts on Feb 27, 2017 to Sector Perform, Raises Price Target to $ 45 from a previous price target of $43 .Company shares were Reiterated by FBR & Co. on Feb 24, 2017 to Outperform, Raises Price Target to $ 46 from a previous price target of $42 .Company shares were Reiterated by Wedbush on Feb 16, 2017 to Neutral, Raises Price Target to $ 43 from a previous price target of $40 .
Company has reported several Insider transactions to the SEC, on Mar 16, 2017, Michael Cavalier (EVP-General Counsel) sold 13,055 shares at 44.03 per share price.On Mar 14, 2017, Tom Owens (EVP – Real Estate) sold 8,475 shares at 44.00 per share price.On Dec 21, 2016, Sean Gamble (Chief Financial Officer) sold 3,412 shares at 39.24 per share price.
Cinemark Holdings Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.22. Analyst had a consensus of $0.44. The company had revenue of $700.90 million for the quarter, compared to analysts expectations of $701.18 million. The companys revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.
CINEMARK HOLDINGS Is a leader in the motion picture exhibition industry.Cinemark operates 408 theatres and 4,657 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.