TVA Group (TSE:TVA.B) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of TVA Group Inc (TSE:TVA.B) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.61 and traded as low as C$0.53. TVA Group shares last traded at C$0.53, with a volume of 510 shares changing hands.

Analysts Set New Price Targets

Separately, National Bankshares raised shares of TVA Group from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$0.25 to C$0.75 in a report on Tuesday, November 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of C$0.75.

TVA Group Stock Down 5.4%

The company has a market capitalization of C$22.90 million, a price-to-earnings ratio of -1.23, a P/E/G ratio of 1.90 and a beta of 0.05. The company has a debt-to-equity ratio of 25.36, a current ratio of 1.08 and a quick ratio of 0.74. The firm’s fifty day moving average price is C$0.56 and its 200-day moving average price is C$0.61.

TVA Group (TSE:TVA.B) last issued its quarterly earnings data on Thursday, October 30th. The company reported C$2.13 earnings per share for the quarter. The business had revenue of C$106.19 million for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. Sell-side analysts expect that TVA Group Inc will post 0.05 earnings per share for the current fiscal 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.