TVA Group (TSE:TVA.B) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

TVA Group Inc (TSE:TVA.B) shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$1.88 and traded as high as C$2.17. TVA Group shares last traded at C$2.09, with a volume of 32,065 shares.

TVA Group Price Performance

The company’s fifty day moving average is C$2.49 and its 200 day moving average is C$1.89. The firm has a market cap of C$87.28 million, a price-to-earnings ratio of 1.79, a PEG ratio of 1.90 and a beta of -0.20. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36.

TVA Group (TSE:TVA.B) last released its earnings results on Thursday, July 30th. The company reported C$0.30 earnings per share for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. The business had revenue of C$143.26 million during the quarter. On average, equities research analysts predict that TVA Group Inc will post 0.05 EPS for the current 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.