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Insider Selling: Stingray Group (TSE:RAY.A) Senior Officer Sells 5,000 Shares of Stock

Stingray Group logo with Communication Services background

Stingray Group (TSE:RAY.A - Get Free Report) Senior Officer Lloyd Perry Feldman sold 5,000 shares of the business's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of C$9.95, for a total transaction of C$49,750.00.

Lloyd Perry Feldman also recently made the following trade(s):

  • On Monday, June 23rd, Lloyd Perry Feldman sold 5,000 shares of Stingray Group stock. The stock was sold at an average price of C$9.80, for a total transaction of C$49,000.00.
  • On Monday, June 16th, Lloyd Perry Feldman sold 3,100 shares of Stingray Group stock. The stock was sold at an average price of C$9.90, for a total transaction of C$30,690.93.

Stingray Group Stock Down 0.5%

Stingray Group stock traded down C$0.05 during trading hours on Friday, hitting C$9.94. The stock had a trading volume of 35,322 shares, compared to its average volume of 29,855. 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 stock has a market capitalization of C$528.21 million, a P/E ratio of -34.28, a price-to-earnings-growth ratio of 1.13 and a beta of 1.07. Stingray Group has a 12-month low of C$6.76 and a 12-month high of C$10.14. The stock's 50-day moving average price is C$8.93 and its 200-day moving average price is C$8.47.

Analyst Upgrades and Downgrades

RAY.A has been the subject of several recent analyst reports. CIBC lifted their target price on shares of Stingray Group from C$11.50 to C$13.50 in a report on Thursday, June 12th. TD Securities lifted their target price on shares of Stingray Group from C$11.00 to C$12.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. Finally, Desjardins set a C$11.50 target price on shares of Stingray Group and gave the stock a "buy" rating in a report on Wednesday, June 11th.

Get Our Latest Analysis on Stingray Group

About Stingray Group

(Get Free Report)

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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Insider Buying and Selling by Quarter for Stingray Group (TSE:RAY.A)

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