Quebecor (TSE:QBR.A) Hits New 12-Month High – Time to Buy?

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$55.00 and last traded at C$55.00, with a volume of 712 shares changing hands. The stock had previously closed at C$53.04.

Quebecor Price Performance

The company has a market capitalization of C$12.63 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

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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