Stingray Group (TSE:RAY.A) Hits New 12-Month High – Should You Buy?

Posted by Doug Wharley on Nov 24th, 2025

Shares of Stingray Group (TSE:RAY.A – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$15.13 and last traded at C$15.00, with a volume of 41490 shares. The stock had previously closed at C$15.12.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on RAY.A. BMO Capital Markets raised their price objective on shares of Stingray Group from C$13.00 to C$19.00 in a report on Thursday, November 13th. CIBC increased their price target on Stingray Group from C$13.50 to C$16.00 in a research report on Thursday, November 13th. National Bankshares increased their price objective on shares of Stingray Group from C$13.00 to C$13.50 and gave the stock an “outperform” rating in a report on Monday, October 27th. Finally, Royal Bank Of Canada lifted their target price on Stingray Group from C$13.00 to C$14.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.33.

Read Our Latest Analysis on RAY.A

Stingray Group Stock Performance

The firm has a market cap of C$1.02 billion, a P/E ratio of 19.75, a PEG ratio of 1.13 and a beta of 1.25. The company has a debt-to-equity ratio of 154.45, a quick ratio of 0.69 and a current ratio of 1.05. The stock’s 50-day moving average is C$11.27 and its 200 day moving average is C$10.26.

Stingray Group Company Profile

(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.