Quebecor (TSE:QBR.A) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.AGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$33.59 and traded as high as C$36.04. Quebecor shares last traded at C$36.04, with a volume of 400 shares.

Quebecor Stock Performance

The firm’s 50 day simple moving average is C$33.69 and its 200-day simple moving average is C$31.16. The company has a market capitalization of C$2.76 billion, a price-to-earnings ratio of 11.37, a P/E/G ratio of 1.44 and a beta of 0.38. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

Quebecor Company Profile

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Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

Further Reading

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