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

Quebecor, Inc. (TSE:QBR.AGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$34.07 and traded as high as C$38.00. Quebecor shares last traded at C$35.48, with a volume of 658 shares traded.

Quebecor Stock Performance

The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The business has a 50-day moving average of C$34.07 and a 200-day moving average of C$33.88. The company has a market capitalization of C$2.72 billion, a P/E ratio of 11.19, a P/E/G ratio of 1.44 and a beta of 0.39.

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.

Further Reading

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