Quebecor (TSE:QBR.A) Sets New 1-Year High - Still a Buy?

Key Points

• Quebecor hit a new 52-week high of C$60.60 (up about 1.7% intraday) after closing at C$59.20, with 320 shares trading at the high.
• The stock has a market cap of C$13.74 billion, a P/E of 17.07 and P/E/G of 1.44, but carries a very high debt-to-equity ratio of 363.97 and limited liquidity (current ratio 1.01, quick ratio 0.35).
• Quebecor is Quebec’s leading telecom with over 1.8 million internet subscribers (covering >60% of homes passed) and about 1.6 million mobile subscribers (~20% wireless share), alongside media and subscription video businesses.

Quebecor, Inc. (TSE:QBR.A - ) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$60.60 and last traded at C$60.60, with a volume of 320 shares trading hands. The stock had previously closed at C$59.20.

Quebecor Trading Up 1.7%

The company has a market cap of C$13.74 billion, a P/E ratio of 17.07, a P/E/G ratio of 1.44 and a beta of 0.90. The business has a fifty day simple moving average of C$54.64 and a 200 day simple moving average of C$50.45. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

About Quebecor

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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