Quebecor (TSE:QBR.A) Hits New 1-Year High – Here’s What Happened

Quebecor, Inc. (TSE:QBR.A)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$54.29 and last traded at C$54.29, with a volume of 217 shares traded. The stock had previously closed at C$52.70.

Quebecor Stock Up 4.6%

The stock has a market cap of C$12.40 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The firm has a 50 day simple moving average of C$50.78 and a 200-day simple moving average of C$45.21. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.

Quebecor Company Profile

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. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.