Vigorous Gainers/Losers Roundup: Sony Corporation (NYSE:SNE), IMAX Corporation (NYSE:IMAX)

Several matter pinch shares of Sony Corporation (NYSE:SNE) [Trend Analysis], as shares plunging -0.38% to $28.85 with a share volume of 90594. Japanese consumer electronics giant Sony Corp. (SON.L,SNE) said that it has sold more than 6.2 million units of the PlayStation 4 or PS4 video game console worldwide during the 2016 holiday season.

The holiday season sales figures are based on retail sales data collected between November 20, 2016 and January 1, 2017, according to the company.PS4 has now cumulatively sold through more than 53.4 million units globally as of January 1, 2017 since its launch in 2013.

Sony noted that PS4 software sales also remained strong during the 2016 holiday season with more than 50.4 million copies sold in retail stores worldwide and through digital downloads on PlayStation Store as of January 1, 2017. The stock is going forward its 52-week low with 44.97% and moving down from its 52-week high price with -15.57%. To have technical analysis views, liquidity ratio of a company was calculated 0.80 as evaluated with its debt to equity ratio of 0.46. The float short ratio was 0.27%, as compared to sentiment indicator; Short Ratio was 2.95.

IMAX Corporation (NYSE:IMAX) [Trend Analysis] luring active investment momentum, shares a decrease -1.09% to $31.70. IMAX Corporation (IMAX) and Regal Entertainment Group (RGC) recently reported an expansion of the companies’ existing joint incomesharing contract to include the installation of 11 additional IMAX theatres in the U.S – bringing to 100 theatres Regal’s total IMAX network.

The companies intend to open the new joint venture theatres in new and existing complexes in U.S. markets such as Lexington, Ky., Albuquerque, N.M., Fredericksburg, Va., Fort Lauderdale, Fla., and San Antonio, Texas. The expanded contract provides for an additional two years of operation and an adjusted financial formula for all Regal IMAX joint venture locations.

The total volume of 42911 shares held in the session was surprisingly higher than its average volume of 897.12 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 38.80%, and looking further price to next year’s EPS is 57.41%. While take a short look on price to sales ratio, that was 5.49 and price to earnings ratio of 53.06 attracting passive investors.


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