TVA Group (TSE:TVA.B) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.B)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.13 and traded as high as C$2.35. TVA Group shares last traded at C$2.30, with a volume of 3,810 shares traded.

TVA Group Stock Down 2.1%

The stock has a market capitalization of C$99.37 million, a price-to-earnings ratio of 3.24, a price-to-earnings-growth ratio of 1.90 and a beta of -0.05. 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 business’s 50-day moving average is C$1.66 and its two-hundred day moving average is C$1.13.

TVA Group (TSE:TVA.B) last issued its earnings results on Monday, May 11th. The company reported C($0.10) earnings per share for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.The company had revenue of C$117.79 million for the quarter. Equities analysts anticipate that TVA Group Inc will post 0.05 EPS for the current year.

About TVA Group

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.