Share on StockTwits

Shares of Bona Film Group (NASDAQ:BONA) saw unusually-high trading volume on Friday after the company announced better than expected quarterly earnings, Stock Ratings Network reports. Approximately 334,198 shares were traded during mid-day trading, an increase of 136% from the previous session’s volume of 141,735 shares.The stock last traded at $7.01 and had previously closed at $7.21.

The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.01. The company had revenue of $44.90 million for the quarter. During the same quarter last year, the company posted $0.03 earnings per share.

The stock has a 50-day moving average of $7.00 and a 200-day moving average of $6.51. The company has a market cap of $425.2 million and a P/E ratio of 68.67.

Bona Film Group Limited is a film distributor in China. It distributes films through virtually all of the theatres circuits in China.

Receive News & Ratings for Bona Film Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bona Film Group and related companies with Analyst Ratings Network's FREE daily email newsletter.