Shaw Communications (TSE:SJR.B) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shaw Communications Inc (TSE:SJR.BGet Free Report) (NYSE:SJR)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$40.48 and traded as high as C$40.49. Shaw Communications shares last traded at C$40.48, with a volume of 6,724,328 shares traded.

Shaw Communications Price Performance

The stock has a market cap of C$19.32 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 3.08 and a beta of 0.34. The business has a fifty day moving average price of C$40.48. The company has a quick ratio of 0.56, a current ratio of 0.68 and a debt-to-equity ratio of 91.34.

Shaw Communications Company Profile

(Get Free Report)

Shaw Communications Inc operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers.

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