Quebecor (TSE:QBR.A) Stock Passes Above Fifty Day Moving Average – Here’s Why

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$34.73 and traded as high as C$35.21. Quebecor shares last traded at C$35.21, with a volume of 406 shares trading hands.

Quebecor Stock Down 1.4 %

The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The firm has a market capitalization of C$2.70 billion, a P/E ratio of 11.11, a P/E/G ratio of 1.44 and a beta of 0.39. The stock’s 50-day simple moving average is C$34.73 and its 200-day simple moving average is C$31.72.

About Quebecor

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Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

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