Stingray Group (TSE:RAY.B) Stock Price Up 1% – Here’s Why

Stingray Group (TSE:RAY.BGet Free Report)’s stock price was up 1% during trading on Monday . The company traded as high as C$14.14 and last traded at C$14.14. Approximately 711 shares were traded during trading, a decline of 29% from the average daily volume of 1,002 shares. The stock had previously closed at C$14.00.

Stingray Group Price Performance

The company has a fifty day moving average of C$12.60 and a 200-day moving average of C$10.91. The company has a current ratio of 1.05, a quick ratio of 0.69 and a debt-to-equity ratio of 154.45. The stock has a market cap of C$960.20 million, a PE ratio of 18.61 and a beta of 2.41.

About Stingray Group

(Get Free Report)

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment.

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