Entertainment One (OTCMKTS:ENTMF) Lifted to “Hold” at Zacks Investment Research

Entertainment One (OTCMKTS:ENTMF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday, Zacks.com reports.

According to Zacks, “Entertainment One Ltd. is engaged in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company provides film, television and music production and sales, family programming, merchandising and licensing and digital content. Entertainment One Ltd. is based in Toronto, Canada. “

A number of other equities analysts have also issued reports on ENTMF. Stifel Nicolaus lowered shares of Entertainment One from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. ValuEngine lowered shares of Entertainment One from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd.

Shares of ENTMF opened at $7.18 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.44 and a current ratio of 1.46. The company’s 50 day simple moving average is $7.00 and its 200-day simple moving average is $5.91. Entertainment One has a 12-month low of $4.00 and a 12-month high of $7.98.

Entertainment One Company Profile

Entertainment One Ltd. engages in the acquisition, development, production, financing, distribution, and sale of family, television (TV), music, and film content rights across various media worldwide. The company operates in three segments: Family & Brands, Television, and Film. It distributes and sells films on screens in theatres and digitally, on DVDs and Blu-rays, and on TV; develops, produces, and distributes TV content across genres, platforms, and territories; and records, distributes, and licenses albums and songs.

Further Reading: Strangles

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