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Quebecor (TSE:QBR.A) Stock Price Crosses 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 passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$37.93 and traded as high as C$39.15. Quebecor shares last traded at C$39.10, with a volume of 1,201 shares trading hands.

Quebecor Price Performance

The company has a 50 day moving average of C$37.93 and a two-hundred day moving average of C$35.16. The firm has a market cap of C$3.00 billion, a P/E ratio of 12.33, a PEG ratio of 1.44 and a beta of 0.39. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.

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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