TVA Group (TSE:TVA.B) Shares Cross Above 200 Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.B) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.96 and traded as high as C$1.67. TVA Group shares last traded at C$1.67, with a volume of 400 shares traded.

TVA Group Stock Down 4.6%

The company has a debt-to-equity ratio of 25.36, a current ratio of 1.08 and a quick ratio of 0.74. The stock has a market capitalization of C$72.15 million, a P/E ratio of 2.35, a PEG ratio of 1.90 and a beta of -0.03. The stock’s fifty day moving average is C$1.38 and its two-hundred day moving average is C$0.96.

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 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%. As a group, research analysts predict that TVA Group Inc will post 0.05 earnings per share for the current fiscal 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.