Lions Gate Entertainment (NYSE:LGF-B) Shares Up 2.2% – Still a Buy?

Lions Gate Entertainment Corp. (NYSE:LGF-BGet Free Report) shares shot up 2.2% on Friday . The company traded as high as $8.78 and last traded at $8.75. 869,539 shares were traded during mid-day trading, The stock had previously closed at $8.56.

Lions Gate Entertainment Stock Up 0.6 %

The business’s 50-day moving average is $8.02 and its two-hundred day moving average is $7.35.

Lions Gate Entertainment Company Profile

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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.

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