TVA Group (TSE:TVA.B) Stock Breaks Above Fifty Day Moving Average – Time to Sell?

TVA Group Inc (TSE:TVA.B)’s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$2.35 and traded as high as C$2.69. TVA Group shares last traded at C$2.65, with a volume of 84,595 shares changing hands.

TVA Group Stock Up 31.2%

The stock’s fifty day simple moving average is C$2.35 and its 200-day simple moving average is C$1.61. 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 stock has a market cap of C$114.50 million, a P/E ratio of 2.35, a P/E/G ratio of 1.90 and a beta of -0.20.

TVA Group (TSE:TVA.B) last released its quarterly earnings data on Thursday, October 29th. The company reported C$0.48 earnings per share (EPS) for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. The company had revenue of C$109.25 million during the quarter. As a group, research analysts forecast 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.