Stingray Group (TSE:RAY.A) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Posted by Stacy Sanders on Dec 21st, 2025

Stingray Group (TSE:RAY.A – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$12.92 and traded as high as C$14.04. Stingray Group shares last traded at C$13.96, with a volume of 38,212 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on RAY.A. CIBC upped their price target on Stingray Group from C$13.50 to C$16.00 in a report on Thursday, November 13th. National Bankshares upped their target price on Stingray Group from C$13.00 to C$13.50 and gave the company an “outperform” rating in a report on Monday, October 27th. Royal Bank Of Canada lifted their price target on Stingray Group from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, BMO Capital Markets increased their price target on shares of Stingray Group from C$13.00 to C$19.00 in a research report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Stingray Group has a consensus rating of “Moderate Buy” and a consensus target price of C$14.33.

Read Our Latest Research Report on Stingray Group

Stingray Group Price Performance

The company’s 50 day simple moving average is C$12.92 and its 200 day simple moving average is C$11.06. The company has a current ratio of 1.05, a quick ratio of 0.69 and a debt-to-equity ratio of 154.45. The stock has a market capitalization of C$947.98 million, a PE ratio of 18.37, a PEG ratio of 1.13 and a beta of 1.45.

Stingray Group Company Profile

(Get Free Report)

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.