TVA Group (TSE:TVA.B) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

TVA Group Inc (TSE:TVA.B) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.96 and traded as high as C$1.67. TVA Group shares last traded at C$1.67, with a volume of 400 shares trading hands.

TVA Group Price Performance

The company has a market capitalization of C$72.15 million, a price-to-earnings ratio of 2.35, a PEG ratio of 1.90 and a beta of -0.03. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36. The company has a 50 day moving average price of C$1.39 and a 200 day moving average price of C$0.97.

TVA Group (TSE:TVA.B) last issued its quarterly earnings results on Monday, May 11th. The company reported C($0.10) earnings per share (EPS) for the quarter. The firm had revenue of C$117.79 million for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. As a group, equities research analysts forecast that TVA Group Inc will post 0.05 earnings per share for the current year.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.