Stingray Digitl (TSE:RAY) Shares Down 0.5% – Time to Sell?

Stingray Digitl (TSE:RAY) fell 0.5% on Wednesday. The company traded as low as C$15.80 and last traded at C$16.07. 14,333 shares were traded during trading, a decline of 69% from the average daily volume of 46,563 shares. The stock had previously closed at C$16.15.

Stingray Digitl Stock Performance

The stock has a 50-day moving average of C$15.68 and a two-hundred day moving average of C$15.28. The company has a market cap of C$1.09 billion, a P/E ratio of -28.58 and a beta of 1.15.

Stingray Digitl (TSE:RAY) last issued its quarterly earnings results on Monday, August 10th. The company reported C$0.40 EPS for the quarter. The business had revenue of C$158.02 million for the quarter.

Stingray Digitl Company Profile

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers.