Torstar (TSE:TS.B) Shares Cross Above 200-Day Moving Average – Here’s Why

Torstar Corporation (TSE:TS.BGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.74. Torstar shares last traded at C$0.74, with a volume of 19,112 shares changing hands.

Torstar Stock Performance

The firm has a market cap of C$60.19 million and a PE ratio of -0.89. The company has a fifty day moving average of C$0.74. The company has a quick ratio of 1.85, a current ratio of 2.05 and a debt-to-equity ratio of 8.63.

About Torstar

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Torstar Corporation operates as a media company in Canada, the United States, and internationally. It operates through three segments: Community Brands, Daily Brands, and Digital Ventures. The company publishes the Toronto Star newspaper; the Metro daily print editions; Sing Tao Daily, a Chinese-language daily newspaper, as well as operates thestar.com, a newspaper Website in Canada; and operates Toronto.com, Torstar Syndication Services, and The Kit, a print and digital publication focuses on beauty, fashion, and wellness.

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