Stingray Group (TSE:RAY.B) Trading Up 1% – Here’s What Happened

by · The Cerbat Gem

Stingray Group (TSE:RAY.B – Get Free Report)’s stock price traded up 1% during trading on Monday . The stock traded as high as C$14.14 and last traded at C$14.14. 711 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 1,002 shares. The stock had previously closed at C$14.00.

Stingray Group Trading Up 1.0%

The firm’s 50-day simple moving average is C$12.67 and its 200 day simple moving average is C$10.95. The firm has a market capitalization of C$960.20 million, a price-to-earnings ratio of 18.61 and a beta of 2.41. The company has a debt-to-equity ratio of 154.45, a current ratio of 1.05 and a quick ratio of 0.69.

About Stingray Group

(Get Free Report)

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment.

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