Quebecor (TSE:QBR.A) Shares Cross Below 50-Day Moving Average – Time to Sell?

Quebecor, Inc. (TSE:QBR.A) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$51.61 and traded as low as C$49.95. Quebecor shares last traded at C$50.19, with a volume of 2,950 shares traded.

Quebecor Stock Performance

The stock has a market cap of C$11.47 billion, a P/E ratio of 14.14, a PEG ratio of 1.44 and a beta of 0.56. The business has a 50 day moving average price of C$51.61 and a 200 day moving average price of C$45.60. 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.