Torstar (TSE:TS.B) Shares Down 96.3%

Torstar Corporation (TSE:TS.BGet Rating)’s share price was down 96.3% during trading on Monday . The stock traded as low as C$0.73 and last traded at C$0.74. Approximately 19,112 shares traded hands during trading, a decline of 84% from the average daily volume of 119,270 shares. The stock had previously closed at C$20.25.

Torstar Trading Down 96.3 %

The firm has a market capitalization of C$60.19 million and a price-to-earnings ratio of -0.89. The company has a current ratio of 2.05, a quick ratio of 1.85 and a debt-to-equity ratio of 8.63. The business has a 50 day simple moving average of C$0.74.

About Torstar

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Torstar Corporation operates as a media company in Canada, the United States, and internationally. It operates through three segments: Community Brands, Daily Brands, and Digital Ventures. The company publishes the Toronto Star newspaper; the Metro daily print editions; Sing Tao Daily, a Chinese-language daily newspaper, as well as operates thestar.com, a newspaper Website in Canada; and operates Toronto.com, Torstar Syndication Services, and The Kit, a print and digital publication focuses on beauty, fashion, and wellness.

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