Stingray Group (TSE:RAY.B) Shares Up 0.4%

Shares of Stingray Group (TSE:RAY.B) were up 0.4% on Tuesday . The company traded as high as C$7.40 and last traded at C$7.40. Approximately 1,300 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 1,797 shares. The stock had previously closed at C$7.37.

Stingray Group Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.69 and a debt-to-equity ratio of 134.69. The stock’s fifty day simple moving average is C$7.50 and its 200 day simple moving average is C$6.46. The company has a market cap of C$515.41 million, a price-to-earnings ratio of 13.96 and a beta of 1.11.

Stingray Group Company Profile

Stingray Group Inc provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers.