TVA Group (TSE:TVA.B) Share Price Passes Above 200 Day Moving Average – Should You Sell?

TVA Group Inc (TSE:TVA.B)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.91 and traded as high as C$1.50. TVA Group shares last traded at C$1.48, with a volume of 16,580 shares trading hands.

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 company a “sector perform” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, TVA Group currently has an average rating of “Hold” and a consensus target price of C$1.00.

TVA Group Price Performance

The firm has a market capitalization of C$63.94 million, a P/E ratio of 2.08, a price-to-earnings-growth ratio of 1.90 and a beta of -0.03. The firm has a 50 day moving average price of C$1.33 and a 200-day moving average price of C$0.91. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36.

TVA Group (TSE:TVA.B) last posted its quarterly earnings data on Monday, May 11th. The company reported C($0.10) earnings per share (EPS) for the quarter. The company had revenue of C$117.79 million during the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. On average, analysts expect 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.