Quebecor (TSE:QBR.A) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$32.46 and traded as high as C$34.06. Quebecor shares last traded at C$34.06, with a volume of 321 shares trading hands.

Quebecor Stock 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 market capitalization of C$2.61 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39. The firm’s fifty day moving average price is C$32.46 and its 200 day moving average price is C$33.50.

Quebecor Company Profile

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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.

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