Entertainment One Ltd (LON:ETO)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $396.40. Entertainment One shares last traded at $397.20, with a volume of 516,704 shares traded.

Several analysts recently issued reports on the company. Berenberg Bank reiterated a “buy” rating on shares of Entertainment One in a research report on Tuesday, July 9th. Royal Bank of Canada cut their target price on Entertainment One from GBX 500 ($6.53) to GBX 470 ($6.14) and set an “outperform” rating for the company in a research report on Wednesday, May 22nd. Numis Securities reiterated a “buy” rating and set a GBX 573 ($7.49) target price on shares of Entertainment One in a research report on Monday, June 17th. Finally, JPMorgan Chase & Co. cut their target price on Entertainment One from GBX 655 ($8.56) to GBX 649 ($8.48) and set an “overweight” rating for the company in a research report on Tuesday, May 21st. Seven analysts have rated the stock with a buy rating, Entertainment One currently has an average rating of “Buy” and an average price target of GBX 536.17 ($7.01).

The firm has a market cap of $1.98 billion and a PE ratio of 159.36. The firm has a fifty day simple moving average of GBX 425.30 and a two-hundred day simple moving average of GBX 428.54. The company has a debt-to-equity ratio of 82.41, a quick ratio of 0.99 and a current ratio of 1.46.

The company also recently declared a dividend, which will be paid on Friday, September 6th. Shareholders of record on Thursday, July 11th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.34%. The ex-dividend date is Thursday, July 11th. This is a boost from Entertainment One’s previous dividend of $1.40. Entertainment One’s dividend payout ratio (DPR) is currently 0.40%.

In other news, insider Robert McFarlane purchased 10,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was acquired at an average price of GBX 407 ($5.32) per share, for a total transaction of £40,700 ($53,181.76).

About Entertainment One (LON:ETO)

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.

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