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Quebecor (TSE:QBR.A) Stock Crosses Below Fifty Day Moving Average - Should You Sell?

Quebecor logo with Business Services background

Key Points

  • Quebecor's stock has dropped below its 50-day moving average of C$40.95, trading as low as C$40.00 before stabilizing at C$41.00.
  • The company's debt-to-equity ratio stands at 363.97, indicating a significant level of debt compared to equity, alongside a market cap of C$3.14 billion.
  • Quebecor is the leading telecom provider in Quebec, with over 1.8 million internet subscribers and about 1.6 million mobile subscribers, capturing over 20% of the wireless market share.
  • Five stocks we like better than Quebecor.

Quebecor, Inc. (TSE:QBR.A - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$40.95 and traded as low as C$40.00. Quebecor shares last traded at C$41.00, with a volume of 715 shares trading hands.

Quebecor Stock Performance

The company has a market cap of C$9.60 billion, a price-to-earnings ratio of 12.53, a P/E/G ratio of 1.44 and a beta of 0.57. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The firm has a fifty day moving average price of C$41.04 and a 200 day moving average price of C$38.62.

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.

See Also

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