Quebecor (TSE:QBR.A) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.A)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$32.58 and traded as low as C$32.05. Quebecor shares last traded at C$32.49, with a volume of 28,376 shares traded.

Quebecor Stock Down 0.5 %

The firm has a market capitalization of C$2.49 billion, a price-to-earnings ratio of 10.25, a P/E/G ratio of 1.44 and a beta of 0.39. The firm has a fifty day moving average price of C$33.90 and a 200 day moving average price of C$32.58. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97.

Quebecor Company Profile

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.