Quebecor (OTCMKTS:QBCRF) Trading 0.1% Higher – Here’s What Happened

Quebecor Inc. (OTCMKTS:QBCRF) shares traded up 0.1% during mid-day trading on Monday . The company traded as high as $31.64 and last traded at $31.64. 1,031 shares changed hands during trading, a decline of 99% from the average session volume of 78,015 shares. The stock had previously closed at $31.61.

Analyst Ratings Changes

A number of brokerages have weighed in on QBCRF. National Bankshares reiterated an “outperform” rating on shares of Quebecor in a research report on Wednesday, September 17th. Royal Bank Of Canada cut Quebecor from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, October 15th. Scotiabank reiterated a “sector perform” rating on shares of Quebecor in a research report on Monday, October 20th. BMO Capital Markets upgraded Quebecor from a “market perform” rating to an “outperform” rating in a research report on Thursday, September 4th. Finally, TD Securities reiterated a “buy” rating on shares of Quebecor in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Quebecor has a consensus rating of “Moderate Buy”.

Quebecor Stock Performance

The firm has a fifty day moving average price of $30.85 and a 200 day moving average price of $29.13.

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. The Telecommunications segment offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services.