Zacks Investment Research upgraded Carmike Cinemas, Inc. (NASDAQ:CKEC) to Hold in a report released today.
- Updated: October 10, 2016
Yesterday Carmike Cinemas, Inc. (NASDAQ:CKEC) traded 0.30% higher at $33.10. The company’s 50-day moving average is $32.41 and its 200-day moving average is $30.85. The last closing price is up 7.28% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 273,431 shares of the stock traded hands, down from an average trading volume of 280,843
Zacks Investment Research has upgraded Carmike Cinemas, Inc. (NASDAQ:CKEC) to Hold in a report released on 10/10/2016.
Previously on 7/27/2015, The Benchmark Company reported on Carmike Cinemas, Inc. (NASDAQ:CKEC) reduced the target price from $37.00 to $35.00. At the time, this indicated a possible upside of 0%.
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Carmike Cinemas, Inc. has a 52 week low of $18.52 and a 52 week high of $33.34 with a PE ratio of 662.00 Carmike Cinemas, Inc.’s market capitalization is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokerages have issued a ratings update on the company. The average stock price target is $30.32 with 2 firms rating the stock a strong buy, 7 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell.
More About Carmike Cinemas, Inc. (NASDAQ:CKEC)
Carmike Cinemas, Inc. is a motion picture exhibitor company. The Company owns and operates theatres and screens. Its theatres are equipped to provide digital cinema. It owns, operates or has an interest in approximately 280 theatres with over 2,940 screens located in over 40 states. In addition, it has approximately 260 theatres with over 1,090 screens equipped for three dimension (3-D). It operates approximately 20 theatres with over 110 screens as discount theatres. It operates approximately 50 premium large-format auditoriums, which operate under the Big D, IMAX and MuviXL names. Big D auditoriums include wall to wall screens, approximately 7.1 surround sound and digital projection for both two dimensional (2-D) and 3-D features. The Company operates a family entertainment center under the name Hollywood Connection, which features a multiplex theatre and other forms of family entertainment. The Company also operates over two Bogart's Bar and Grill Restaurants.
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