Quebecor (TSE:QBR.A) Hits New 1-Year High - Here's What Happened

Key Points

• Quebecor shares hit a new 52-week high, trading as high and last at C$60.34 on Tuesday (previous close C$59.04) on light volume of 213 shares.
• The company has a market cap of C$13.68 billion with a PE of 17.00 and PEG of 1.44, but carries very high leverage with a debt-to-equity ratio of 363.97 and modest liquidity (quick ratio 0.35, current ratio 1.01).
• Quebecor is the leading telecom provider in Quebec—serving over 1.8 million internet subscribers and about 1.6 million mobile subscribers—and also owns media assets and a French-language video-on-demand service.

Quebecor, Inc. (TSE:QBR.A - ) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$60.34 and last traded at C$60.34, with a volume of 213 shares changing hands. The stock had previously closed at C$59.04.

Quebecor Stock Performance

The company has a 50-day simple moving average of C$53.84 and a two-hundred day simple moving average of C$50.01. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The firm has a market cap of C$13.68 billion, a PE ratio of 17.00, a PEG ratio of 1.44 and a beta of 0.90.

Quebecor Company Profile

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. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.

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