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

TVA Group Inc (TSE:TVA.B) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of C$2.35 and traded as high as C$2.69. TVA Group shares last traded at C$2.65, with a volume of 84,595 shares trading hands.

TVA Group Price Performance

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 stock has a market cap of C$114.50 million, a PE ratio of 2.35, a P/E/G ratio of 1.90 and a beta of -0.20. The company has a fifty day moving average of C$2.35 and a 200-day moving average of C$1.61.

TVA Group (TSE:TVA.B) last posted its earnings results on Thursday, October 29th. The company reported C$0.48 earnings per share (EPS) for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. The firm had revenue of C$109.25 million for the quarter. Sell-side analysts expect that TVA Group Inc will post 0.05 EPS for the current fiscal year.

TVA Group Company Profile

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.