TVA Group (TSE:TVA.B) Stock Passes Above 200 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 Monday . The stock has a 200-day moving average of C$1.19 and traded as high as C$1.93. TVA Group shares last traded at C$1.86, with a volume of 2,808 shares changing hands.

TVA Group Stock Down 3.1%

The firm has a fifty day simple moving average of C$1.74 and a 200-day simple moving average of C$1.19. The company has a market capitalization of C$80.36 million, a P/E ratio of 2.62, a P/E/G 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.

TVA Group (TSE:TVA.B) last released its quarterly earnings results on Monday, May 11th. The company reported C($0.10) EPS for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.The business had revenue of C$117.79 million for the quarter. On average, equities research analysts expect that TVA Group Inc will post 0.05 EPS 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.