CKX Hits New 52 Week Low

Shares of CKX Inc (NASDAQ: CKXE) hit a new 52-week low on Monday. The stock traded as low as $3.63 during mid-day trading and last traded at $3.64. The stock previously closed at $3.67.
CKX, Inc. (CKX) is engaged in the ownership, development and commercial utilization of entertainment content. The Company has four segments: Presley Business-Royalties and Licensing, Presley Business-Graceland Operations, 19 Entertainment and the Ali Business. Its primary assets and operations include 19 Entertainment Limited (19 Entertainment), which owns rights to the IDOLS and So You Think You Can Dance television brands, which air in the United States; an 85% ownership interest in Elvis Presley Enterprises (the Presley Business), which owns the rights to the name, image and likeness of Elvis Presley, and certain music and the operations of Graceland; and has partnered with Cirque du Soleil for the creation of Elvis Presley-themed shows and projects worldwide, and an 80% ownership interest in Muhammad Ali Enterprises (the Ali Business), which owns the rights to the name, image and likeness of, as well as certain trademarks and other intellectual property related to, Muhammad Ali.
CKX Inc (NASDAQ: CKXE) traded down 0.82% during mid-day trading on Monday. The stock has a 52 week low of $3.65 and a 52 week high of $7.06. Its 50-day moving average is $4. and its 200-day moving average is $4.60. The company has a market cap of $338.9 million and a price-to-earnings ratio of N/A.

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