Torstar (TS.B) Stock Price Down 5.6%
Shares of Torstar Co. (TSE:TS.B) were down 5.6% during trading on Friday . The company traded as low as C$1.69 and last traded at C$1.69. Approximately 14,500 shares changed hands during trading, a decline of 56% from the average daily volume of 32,983 shares. The stock had previously closed at C$1.79.
Separately, TD Securities boosted their price target on shares of Torstar from C$1.85 to C$1.95 and gave the stock a “hold” rating in a research report on Thursday.
The stock has a market capitalization of $122.18, a PE ratio of -4.53 and a beta of 0.07.
Torstar Corporation is a Canada-based media company with a long history in daily and community newspapers, book publishing and digital businesses. The company publishes more than 110 newspapers and operates a number of digital businesses in Canada through its main operating segments, the Star Media Group and Metroland Media Group.
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