TVA Group (TSE:TVA.B) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.BGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.83 and traded as high as C$1.50. TVA Group shares last traded at C$1.50, with a volume of 47,429 shares traded.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial increased their price target on TVA Group from C$0.75 to C$1.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$1.00.

View Our Latest Stock Analysis on TVA.B

TVA Group Stock Up 3.4%

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 stock has a market capitalization of C$64.81 million, a PE ratio of 2.11, a PEG ratio of 1.90 and a beta of 0.32. The business has a 50 day moving average of C$1.20 and a two-hundred day moving average of C$0.83.

TVA Group (TSE:TVA.BGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported C($0.10) earnings per share for the quarter. The company had revenue of C$117.79 million for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. Analysts predict that TVA Group Inc will post 0.05 EPS for the current year.

TVA Group Company Profile

(Get Free Report)

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.

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