TVA Group (TSE:TVA.B) Stock Crosses Below 50 Day Moving Average of $1.95
TVA Group Inc (TSE:TVA.B) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1.95 and traded as low as $1.90. TVA Group shares last traded at $1.92, with a volume of 2,200 shares changing hands.
Separately, CIBC cut their target price on WestJet Airlines from C$21.00 to C$20.00 in a report on Wednesday, May 8th.
The stock has a market capitalization of $73.88 million and a price-to-earnings ratio of 13.57. The business’s 50-day moving average price is C$1.95. The company has a debt-to-equity ratio of 32.44, a current ratio of 0.94 and a quick ratio of 0.59.
TVA Group Inc operates a communications company in Canada. It operates through three segments: Broadcasting & Production; Magazines; and Film Production & Audiovisual Services. The Broadcasting & Production segment creates, produces, and broadcasts entertainment, information, and public affairs programming; operates a French-language television network, as well as provides nine specialty services; markets digital products associated with various televisual brands; and distributes audiovisual products and films.
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