Stingray Digitl (TSE:RAY) Reaches New 12-Month Low – What’s Next?

Stingray Digitl (TSE:RAY)’s share price hit a new 52-week low on Wednesday . The stock traded as low as C$13.59 and last traded at C$14.32, with a volume of 21983 shares traded. The stock had previously closed at C$13.87.

Stingray Digitl Price Performance

The company has a market capitalization of C$952.49 million, a P/E ratio of 22.22 and a beta of 1.25.

Stingray Digitl (TSE:RAY) last announced its earnings results on Tuesday, February 10th. The company reported C$0.38 EPS for the quarter. The company had revenue of C$124.84 million during the quarter.

About Stingray Digitl

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers.