You are here

Prices & Quotes - UK Markets - Cineworld Group (CINE)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 103.45p
Change Today:
-0.55p
Market Cap:
1,420.16m
Sector:
Travel & Leisure

UK film industry asks government to provide support for struggling cinemas

By Caoimhe Toman

Date: Monday 18 Jan 2021

LONDON (ShareCast) - (Sharecast News) - A group of high profile names in the film industry have written an open letter calling for government support cinemas that are struggling due to the onslaught of the pandemic.
Members of the UK film industry including filmmakers Steve McQueen, Danny Boyle and Christopher Nolan said that "cinema-going offers proven benefits when it comes to jobs, high-street footfall and community cohesion" but that "the need for direct financial support is pressing".

The letter is designed to support "larger cinema operators", which include Odeon, Cineworld and Showcase, without whom "the future of the entire UK film industry would look extremely precarious".

The letter adds: " We urgently need targeted funding support to ensure that future generations can enjoy the magic of cinema."

The open letter comes as most cinemas across the country are shut down due to the tier 4 restrictions put in place to prevent the mass spread of the new strain of the Covid-19 virus.

This has led to release delays for movies and sharply reduced revenues. Box-office analyst Comscore reported a 76% drop in takings for 2020 due to the pandemic and the lockdown measures.

Phil Clapp, the chief executive of the UK Cinema Association, said: "While all cinemas have been able to benefit from general business support during this time, including the furlough scheme and a business rates holiday, many of the larger operators in particular have been required to continue to pay rental on their commercial tenancies as well as the other costs that come with running physical buildings."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Cineworld Group Market Data

Currency UK Pounds
Price 103.45p
Change Today -0.55p
52 Week High 122.00p
52 Week Low 24.32p
Volume 7,105,538
Shares Issued 1,372.80m
Market Cap 1,420.16m
Beta 0.04

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 5
Sell 1
Strong Sell 1
Total 9
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Cineworld Group Dividends

  Latest Previous
  Special Q3
Ex-Div 20-Jun-19 12-Dec-19
Paid 05-Jul-19 10-Jan-20
Amount 20.27¢ 3.75¢

Trades for 09-Apr-2021

Time Volume / Share Price
16:35 1,016,179 @ 103.45p
16:29 784 @ 104.15p
16:29 897 @ 104.15p
16:29 625 @ 104.15p
16:29 978 @ 104.15p

Cineworld Group Key Personnel

CEO Moshe (Mooky) Greidinger
Chair Alicja Kornasiewicz
CFO Nisan Cohen