Quebecor (TSE:QBR.A) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$51.39 and traded as high as C$53.87. Quebecor shares last traded at C$53.48, with a volume of 3,660 shares trading hands.

Quebecor Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The company has a market capitalization of C$12.22 billion, a P/E ratio of 15.06, a P/E/G ratio of 1.44 and a beta of 0.53. The company has a 50 day moving average price of C$51.39 and a 200 day moving average price of C$47.67.

About Quebecor

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Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.

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