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

TVA Group Inc (TSE:TVA.B) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.61 and traded as high as C$0.79. TVA Group shares last traded at C$0.79, with a volume of 46,619 shares traded.

Analysts Set New Price Targets

Separately, National Bank Financial upped 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 note on Monday, February 23rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, TVA Group presently has an average rating of “Hold” and a consensus price target of C$1.00.

TVA Group Price Performance

The company has a 50 day moving average price of C$0.65 and a 200 day moving average price of C$0.61. The firm has a market cap of C$34.13 million, a PE ratio of 2.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.75. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36.

TVA Group (TSE:TVA.B) last released its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share for the quarter. The firm had revenue of C$185.54 million during the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. On average, sell-side analysts expect 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.