Lions Gate Entertainment (NYSE:LGF-B) Trading Up 3.2% – Here’s Why

Lions Gate Entertainment Corp. (NYSE:LGF-BGet Free Report) shares traded up 3.2% on Tuesday . The stock traded as high as $7.12 and last traded at $7.10. 1,313,045 shares changed hands during mid-day trading, The stock had previously closed at $6.88.

Lions Gate Entertainment Stock Performance

The company’s 50 day moving average price is $7.05 and its two-hundred day moving average price is $7.33.

Lions Gate Entertainment Company Profile

(Get Free Report)

Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.

Further Reading

Receive News & Ratings for Lions Gate Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lions Gate Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.