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

Quebecor logo with Business Services background

Quebecor, Inc. (TSE:QBR.A - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$36.31 and traded as high as C$36.68. Quebecor shares last traded at C$36.68, with a volume of 328 shares.

Quebecor Trading Up 0.2 %

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 company's fifty day moving average is C$36.47 and its 200-day moving average is C$34.26. The stock has a market cap of C$2.92 billion, a PE ratio of 12.00, a PEG ratio of 1.44 and a beta of 0.39.

About Quebecor

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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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