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Quebecor (TSE:QBR.B) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Quebecor logo with Business Services background

Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$34.80 and traded as high as C$40.83. Quebecor shares last traded at C$40.67, with a volume of 657,823 shares traded.

Wall Street Analyst Weigh In

Several brokerages have commented on QBR.B. Royal Bank Of Canada raised their price target on shares of Quebecor from C$38.00 to C$41.00 and gave the company an "outperform" rating in a report on Wednesday, April 9th. Scotiabank increased their target price on shares of Quebecor from C$36.00 to C$36.50 and gave the company a "sector perform" rating in a report on Wednesday, April 16th. TD Securities lowered their price objective on Quebecor from C$45.00 to C$44.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Finally, National Bankshares boosted their price target on Quebecor from C$38.00 to C$40.00 and gave the company a "sector perform" rating in a report on Friday, June 6th.

Read Our Latest Research Report on QBR.B

Quebecor Stock Up 0.0%

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 stock's 50-day moving average price is C$37.71 and its two-hundred day moving average price is C$34.80. The stock has a market capitalization of C$6.42 billion, a PE ratio of 12.83, a P/E/G ratio of 1.43 and a beta of 0.39.

Quebecor Company Profile

(Get Free Report)

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

Further Reading

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