Stingray Group (TSE:RAY.B – Get Free Report)’s share price shot up 1.6% during mid-day trading on Thursday . The company traded as high as C$8.25 and last traded at C$8.25. 200 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,513 shares. The stock had previously closed at C$8.12.
Stingray Group Stock Performance
The stock has a market capitalization of C$19.31 million, a P/E ratio of -28.45 and a beta of 1.07. The company’s 50-day moving average is C$7.33 and its two-hundred day moving average is C$7.49. The company has a current ratio of 1.05, a quick ratio of 0.69 and a debt-to-equity ratio of 154.45.
Stingray Group Company Profile
Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.
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