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

TVA Group Inc (TSE:TVA.B) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.64 and traded as high as C$1.04. TVA Group shares last traded at C$1.04, with a volume of 2,010 shares traded.

Wall Street Analyst Weigh In

Separately, National Bank Financial boosted their target price on shares of TVA Group from C$0.75 to C$1.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, TVA Group currently has an average rating of “Hold” and a consensus price target of C$1.00.

TVA Group Stock Performance

The company has a debt-to-equity ratio of 25.36, a quick ratio of 0.74 and a current ratio of 1.08. The company has a 50 day moving average of C$0.74 and a two-hundred day moving average of C$0.64. The stock has a market cap of C$44.93 million, a PE ratio of 3.06, a price-to-earnings-growth ratio of 1.90 and a beta of 0.75.

TVA Group (TSE:TVA.B) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.74 earnings per share for the quarter. The company 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%. Sell-side analysts anticipate that TVA Group Inc will post 0.05 earnings per share for the current fiscal year.

TVA Group Company Profile

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.