Stingray Group (OTCMKTS:STGYF) Trading Up 1.6% – Here’s Why

Stingray Group Inc. (OTCMKTS:STGYFGet Free Report) was up 1.6% during mid-day trading on Friday . The company traded as high as C$10.81 and last traded at C$10.81. Approximately 500 shares were traded during trading, a decline of 62% from the average daily volume of 1,333 shares. The stock had previously closed at C$10.64.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reissued an “outperform” rating on shares of Stingray Group in a report on Monday, October 27th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Stingray Group presently has a consensus rating of “Buy”.

View Our Latest Report on Stingray Group

Stingray Group Stock Up 1.6%

The firm’s fifty day moving average is C$8.21 and its 200 day moving average is C$7.39.

Stingray Group Company Profile

(Get Free Report)

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.

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