Quebecor (TSE:QBR.A) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Quebecor, Inc. (TSE:QBR.A)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$35.51 and traded as high as C$37.99. Quebecor shares last traded at C$35.16, with a volume of 313 shares changing hands.

Quebecor Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The stock has a fifty day simple moving average of C$35.54 and a 200-day simple moving average of C$34.12. The stock has a market cap of C$2.67 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39.

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.