Quebecor (TSE:QBR.A) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.A) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$39.44 and traded as high as C$42.52. Quebecor shares last traded at C$42.52, with a volume of 100 shares trading hands.

Quebecor Stock Up 4.0%

The business has a 50 day simple moving average of C$39.44 and a 200 day simple moving average of C$36.14. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The stock has a market cap of C$3.26 billion, a PE ratio of 13.41, a P/E/G ratio of 1.44 and a beta of 0.39.

Quebecor Company Profile

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec.