TVA Group (TSE:TVA.B) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

TVA Group Inc (TSE:TVA.B)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.01 and traded as high as C$1.69. TVA Group shares last traded at C$1.69, with a volume of 2,400 shares trading hands.

TVA Group Trading Up 1.2%

The business has a 50 day moving average of C$1.44 and a two-hundred day moving average of C$1.01. The firm has a market capitalization of C$73.02 million, a price-to-earnings ratio of 2.38, a P/E/G ratio of 1.90 and a beta of -0.03. The company has a debt-to-equity ratio of 25.36, a quick ratio of 0.74 and a current ratio of 1.08.

TVA Group (TSE:TVA.B) last announced its quarterly earnings data on Monday, May 11th. The company reported C($0.10) EPS for the quarter. The firm 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%. Equities analysts predict that TVA Group Inc will post 0.05 EPS 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.