TVA Group (TSE:TVA.B) Stock Crosses Above 200-Day Moving Average – What’s Next?
by Jessica Moore · The Cerbat GemTVA Group Inc (TSE:TVA.B – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.79 and traded as high as C$1.41. TVA Group shares last traded at C$1.41, with a volume of 156 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial raised their target price on shares of 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, Based on data from MarketBeat, TVA Group has an average rating of “Hold” and an average price target of C$1.00.
Check Out Our Latest Report on TVA.B
TVA Group Stock Up 3.7%
The firm has a market capitalization of C$60.49 million, a PE ratio of 4.12, a PEG ratio of 1.90 and a beta of 0.32. The business’s 50 day simple moving average is C$1.15 and its 200 day simple moving average is C$0.80. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36.
TVA Group (TSE:TVA.B – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported C($0.10) EPS for the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.The business had revenue of C$117.79 million during the quarter. On average, 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.