Quebecor (OTCMKTS:QBCRF) Shares Gap Up – Here’s What Happened

Quebecor Inc. (OTCMKTS:QBCRF)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $39.15, but opened at $41.31. Quebecor shares last traded at $41.66, with a volume of 646 shares traded.

Analyst Ratings Changes

A number of research analysts have recently issued reports on QBCRF shares. TD Securities reissued a “buy” rating on shares of Quebecor in a report on Monday, December 8th. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Quebecor has an average rating of “Moderate Buy”.

Quebecor Trading Up 5.0%

The stock’s 50-day moving average is $37.38 and its 200-day moving average is $34.44.

About Quebecor

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.