Stingray Group (TSE:RAY.B) Trading 6.5% Higher

Stingray Group (TSE:RAY.B)’s share price was up 6.5% on Tuesday . The stock traded as high as C$7.83 and last traded at C$7.83. Approximately 898 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 1,545 shares. The stock had previously closed at C$7.35.

Stingray Group Stock Performance

The firm has a market capitalization of C$18.32 million, a PE ratio of -27.00 and a beta of 1.09. The company has a quick ratio of 0.69, a current ratio of 1.05 and a debt-to-equity ratio of 154.45. The firm has a 50-day moving average price of C$7.73 and a 200 day moving average price of C$7.55.

About Stingray Group

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.