Quebecor (TSE:QBR.A) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Quebecor, Inc. (TSE:QBR.A)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$53.55 and traded as high as C$58.26. Quebecor shares last traded at C$58.26, with a volume of 240 shares.

Quebecor Stock Down 2.5%

The firm has a market capitalization of C$13.21 billion, a PE ratio of 16.41, a PEG ratio of 1.44 and a beta of 0.90. The company has a fifty day moving average price of C$53.55 and a 200-day moving average price of C$49.66. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

About Quebecor

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.