TVA Group (TSE:TVA.B) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

TVA Group Inc (TSE:TVA.B) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.60 and traded as high as C$0.64. TVA Group shares last traded at C$0.64, with a volume of 1,006 shares traded.

Analysts Set New Price Targets

Separately, National Bank Financial raised shares of TVA Group from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from C$0.25 to C$0.75 in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, TVA Group presently has an average rating of “Hold” and a consensus price target of C$0.75.

TVA Group Price Performance

The company has a market capitalization of C$27.65 million, a PE ratio of -1.49, a P/E/G ratio of 1.90 and a beta of -0.15. The company has a debt-to-equity ratio of 25.36, a quick ratio of 0.74 and a current ratio of 1.08. The stock has a 50 day moving average price of C$0.57 and a two-hundred day moving average price of C$0.60.

TVA Group (TSE:TVA.B) last announced its quarterly earnings results on Thursday, October 30th. The company reported C$2.13 EPS for the quarter. The business had revenue of C$106.19 million during the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%. Equities analysts forecast that TVA Group Inc will post 0.05 earnings per share for the current year.

TVA Group Company Profile

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.