Stingray Group (OTCMKTS:STGYF) Trading Up 1.6% – Here’s Why

Stingray Group Inc. (OTCMKTS:STGYFGet Free Report) was up 1.6% during mid-day trading on Friday . The company traded as high as C$10.81 and last traded at C$10.81. Approximately 500 shares were traded during trading, a decline of 62% from the average daily volume of 1,333 shares. The stock had previously closed at C$10.64.

Analysts Set New Price Targets

Separately, National Bankshares restated an “outperform” rating on shares of Stingray Group in a research report on Monday, October 27th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Get Our Latest Analysis on STGYF

Stingray Group Stock Performance

The company has a 50 day moving average price of C$8.21 and a two-hundred day moving average price of C$7.38.

About Stingray Group

(Get Free Report)

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.

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