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Quebecor (TSE:QBR.A) Shares Pass Above 50 Day Moving Average - Here's What Happened

Quebecor logo with Business Services background

Quebecor, Inc. (TSE:QBR.A - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$38.28 and traded as high as C$40.81. Quebecor shares last traded at C$40.81, with a volume of 310 shares traded.

Quebecor Stock Performance

The company has a market cap of C$3.09 billion, a price-to-earnings ratio of 12.73, a P/E/G ratio of 1.44 and a beta of 0.39. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The firm has a fifty day simple moving average of C$38.28 and a 200 day simple moving average of C$35.47.

Quebecor Company Profile

(Get Free Report)

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.

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