TVA Group (TSE:TVA.B) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.BGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.83 and traded as high as C$1.50. TVA Group shares last traded at C$1.50, with a volume of 47,429 shares trading hands.

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their price target on TVA Group from C$0.75 to C$1.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, TVA Group has an average rating of “Hold” and an average target price of C$1.00.

View Our Latest Research Report on TVA Group

TVA Group Stock Performance

The business has a 50 day simple moving average of C$1.20 and a 200 day simple moving average of C$0.83. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36. The company has a market capitalization of C$64.81 million, a PE ratio of 2.11, a PEG ratio of 1.90 and a beta of 0.32.

TVA Group (TSE:TVA.BGet Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported C($0.10) EPS for the quarter. The business had revenue of C$117.79 million during the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. Equities research analysts predict that TVA Group Inc will post 0.05 EPS for the current fiscal year.

About TVA Group

(Get Free Report)

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.

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