TVA Group (TSE:TVA.B) Shares Up 17.5% – Here’s Why

TVA Group Inc (TSE:TVA.B)’s stock price traded up 17.5% during trading on Friday . The company traded as high as C$2.60 and last traded at C$2.35. Approximately 120,580 shares traded hands during mid-day trading, an increase of 669% from the average daily volume of 15,679 shares. The stock had previously closed at C$2.00.

TVA Group Stock Up 17.5%

The company has a debt-to-equity ratio of 25.36, a quick ratio of 0.74 and a current ratio of 1.08. The business’s 50 day moving average is C$1.51 and its 200 day moving average is C$1.06. The company has a market capitalization of C$101.53 million, a price-to-earnings ratio of 3.31, a PEG ratio of 1.90 and a beta of -0.05.

TVA Group (TSE:TVA.B) last posted its earnings results on Monday, May 11th. The company reported C($0.10) EPS for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.The company had revenue of C$117.79 million for the quarter. Sell-side analysts anticipate that TVA Group Inc will post 0.05 earnings per share for the current year.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.