Cinemark Holdings Incs in-depth stock price analysis indicates that the stock price has rallied 0.72% 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 10.29% . Looking at the past 52 week period, the stock price is up at 47.16% . 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 7.06 compared to overall market. Cinemark Holdings Inc (NYSE:CNK) has tumbled 0.85% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.82% in the last four weeks. The stocks have underperformed the S&P 500 by 1.65% during the past week but Cinemark Holdings Inc (NYSE:CNK) it has outperformed the index in 4 weeks by 3.92%.
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 $41.97 and hit $42.18 on the upside , eventually ending the session at $42.03, with a gain of 0.69% or 0.29 points. The heightened volatility saw the trading volume jump to 1,150,108 shares. The 52-week high of the share price is $42.93 and the company has a market cap of $4,884 million. The 52-week low of the share price is at $27.02 .
Cinemark Holdings Last issued its quarterly earnings results on Nov 8, 2016. The company reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.57. The company had revenue of $768.57 million for the quarter, compared to analysts expectations of $780.15 million. The companys revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Nov 14, 2016 to Outperform, Raises Price Target to $ 43 from a previous price target of $42 .
Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Tom Owens (EVP – Real Estate) sold 3,100 shares at 39.02 per share price.On Dec 21, 2016, Sean Gamble (Chief Financial Officer) sold 3,412 shares at 39.24 per share price.On Dec 12, 2016, Michael Cavalier (EVP-General Counsel) sold 5,525 shares at 39.23 per share price.
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.