Stingray Group (TSE:RAY.B – Get Free Report) was up 12.4% on Monday . The company traded as high as C$8.88 and last traded at C$8.88. Approximately 305 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 978 shares. The stock had previously closed at C$7.90.
Stingray Group Price Performance
The business’s 50 day moving average price is C$8.47 and its 200-day moving average price is C$7.75. 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 company has a market cap of C$20.78 million, a PE ratio of -30.62 and a beta of 1.07.
Stingray Group Company Profile
Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment.
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