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FY2024 Earnings Forecast for ARHT Media Inc. (CVE:ART) Issued By Cormark

Defense World ·  Apr 22, 2023 04:33

ARHT Media Inc. (CVE:ART – Get Rating) – Equities research analysts at Cormark lowered their FY2024 earnings estimates for ARHT Media in a research report issued to clients and investors on Wednesday, April 19th. Cormark analyst D. Mcfadgen now expects that the company will earn ($0.02) per share for the year, down from their prior forecast of ($0.01).

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ARHT Media Price Performance

ART stock opened at C$0.20 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 3.83 and a quick ratio of 3.06. ARHT Media has a 52-week low of C$0.14 and a 52-week high of C$0.25. The company has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.17. The stock has a market capitalization of C$37.50 million, a price-to-earnings ratio of -4.88 and a beta of 1.15.

About ARHT Media

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ARHT Media Inc, together with its subsidiaries, engages in the development, production, and distribution of digital human holograms and content worldwide. The company's patented technology allows for the capture, transmission, and display of the digital human holograms delivered to either an in-person or online audience, which are beamed onto virtually any stage in the world and displayed live for two-way interaction with an audience.

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