Stingray Group (TSE:RAY.B) Stock Price Up 3.7% – Here’s What Happened

Shares of Stingray Group (TSE:RAY.B) traded up 3.7% during mid-day trading on Friday . The stock traded as high as C$7.78 and last traded at C$7.78. 107 shares traded hands during trading, a decline of 76% from the average session volume of 454 shares. The stock had previously closed at C$7.50.

Stingray Group Stock Performance

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’s 50 day moving average price is C$7.50 and its two-hundred day moving average price is C$7.51. The firm has a market capitalization of C$18.21 million, a PE ratio of -26.83 and a beta of 1.07.

About Stingray Group

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.