TVA Group (TSE:TVA.B) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

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$0.72 and traded as high as C$1.15. TVA Group shares last traded at C$1.15, with a volume of 23,360 shares.

Analysts Set New Price Targets

Separately, National Bank Financial lifted their price target on shares of TVA Group from C$0.75 to C$1.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$1.00.

TVA Group Stock Performance

The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36. The stock has a market cap of C$49.69 million, a price-to-earnings ratio of 3.38, a price-to-earnings-growth ratio of 1.90 and a beta of 0.09. The company’s 50-day simple moving average is C$0.99 and its 200-day simple moving average is C$0.72.

TVA Group (TSE:TVA.B) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.74 earnings per share (EPS) for the quarter. The firm had revenue of C$185.54 million for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. Analysts predict that TVA Group Inc will post 0.05 EPS 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.