TVA Group (TSE:TVA.B) Shares Pass Above 200-Day Moving Average – Here’s What Happened

TVA Group Inc (TSE:TVA.B)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.68 and traded as high as C$2.46. TVA Group shares last traded at C$2.45, with a volume of 38,129 shares changing hands.

TVA Group Price Performance

The stock’s 50 day simple moving average is C$2.41 and its 200-day simple moving average is C$1.69. The stock has a market capitalization of C$110.18 million, a price-to-earnings ratio of 2.26, a PEG ratio of 1.90 and a beta of -0.05. The company has a debt-to-equity ratio of 25.36, a current ratio of 1.08 and a quick ratio of 0.74.

TVA Group (TSE:TVA.B) last released its quarterly earnings data on Thursday, July 30th. The company reported C$0.30 earnings per share (EPS) for the quarter. The business had revenue of C$143.26 million during the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. On average, analysts expect that TVA Group Inc will post 0.05 EPS for the current fiscal 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.