Entertainment One (OTCMKTS:ENTMF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors 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. “
Other equities research analysts have also issued reports about the stock. Stifel Nicolaus lowered shares of Entertainment One from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. ValuEngine lowered shares of Entertainment One from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.
Shares of OTCMKTS:ENTMF traded up $0.05 during mid-day trading on Monday, reaching $7.10. 300 shares of the company were exchanged, compared to its average volume of 1,177. Entertainment One has a 1 year low of $4.00 and a 1 year high of $7.98. The firm’s 50-day simple moving average is $6.99 and its 200 day simple moving average is $5.90.
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.
See Also: What are Bollinger Bands?
Get a free copy of the Zacks research report on Entertainment One (ENTMF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Entertainment One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entertainment One and related companies with MarketBeat.com's FREE daily email newsletter.