TVA Group (TSE:TVA.B) Shares Up 17.5% – What’s Next?

TVA Group Inc (TSE:TVA.B) was up 17.5% during mid-day trading on Friday . The stock traded as high as C$2.60 and last traded at C$2.35. Approximately 120,580 shares were traded during trading, an increase of 669% from the average daily volume of 15,679 shares. The stock had previously closed at C$2.00.

TVA Group Trading Up 13.0%

The company has a debt-to-equity ratio of 25.36, a quick ratio of 0.74 and a current ratio of 1.08. The firm has a market capitalization of C$97.65 million, a price-to-earnings ratio of 3.18, a P/E/G ratio of 1.90 and a beta of -0.05. The business has a fifty day moving average price of C$1.53 and a 200 day moving average price of C$1.07.

TVA Group (TSE:TVA.B) last posted its quarterly earnings results on Monday, May 11th. The company reported C($0.10) earnings per share (EPS) for the quarter. The firm had revenue of C$117.79 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, equities analysts forecast that TVA Group Inc will post 0.05 earnings per share for the current year.

TVA Group Company Profile

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.