Quebecor (TSE:QBR.A) Stock Crosses Above 50 Day Moving Average – Here’s Why

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$35.86 and traded as high as C$37.52. Quebecor shares last traded at C$37.52, with a volume of 171 shares changing hands.

Quebecor Stock Performance

The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The business has a 50 day moving average price of C$35.86 and a two-hundred day moving average price of C$34.17. The stock has a market cap of C$2.88 billion, a P/E ratio of 11.84, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39.

Quebecor Company Profile

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Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec.

Further Reading

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