Quebecor (TSE:QBR.A) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Technical move: Quebecor's stock traded as high as C$58.26, crossing above its 50‑day moving average (C$53.55) on Thursday, although the report notes the share price was down about 2.5%.
• Valuation and risk: The company has a market cap of C$13.21B with a PE of 16.41 and PEG of 1.44, but carries a very high debt-to-equity ratio of 363.97 and weak liquidity (quick ratio 0.35), indicating leverage concerns.
• Business profile: Quebecor is the leading telecom in Quebec with roughly 1.8M internet subscribers (~60% of homes passed), about 1.6M mobile subscribers (~20% wireless share), plus a media and VOD/content segment.

Quebecor, Inc. (TSE:QBR.A - )'s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$53.55 and traded as high as C$58.26. Quebecor shares last traded at C$58.26, with a volume of 240 shares.

Quebecor Stock Down 2.5%

The firm has a market capitalization of C$13.21 billion, a PE ratio of 16.41, a PEG ratio of 1.44 and a beta of 0.90. The company has a fifty day moving average price of C$53.55 and a 200-day moving average price of C$49.66. 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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