TVA Group (TSE:TVA.B) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.B) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.35 and traded as high as C$2.93. TVA Group shares last traded at C$2.82, with a volume of 28,273 shares trading hands.

TVA Group Price Performance

The stock has a market cap of C$118.82 million, a PE ratio of 2.43, a P/E/G ratio of 1.90 and a beta of -0.03. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36. The company’s 50 day moving average is C$1.98 and its 200-day moving average is C$1.36.

TVA Group (TSE:TVA.B) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.30 EPS for the quarter. The firm had revenue of C$143.26 million for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. As a group, sell-side analysts predict 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.