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Stingray Digitl (TSE:RAY) Stock Price Up 3.9% - Time to Buy?

Stingray Digitl logo with Manufacturing background
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Key Points

  • Shares of Stingray Digitl rose 3.9% to C$14.90 (intraday high C$14.97) with about 41,938 shares trading, roughly 40% below its average daily volume.
  • Fundamentals reported: market cap of C$1.01 billion, trailing P/E of 23.65, beta of 1.23, and last-quarter results of C$0.38 EPS on C$124.84 million revenue.
  • The article's company profile references personal-care electrical appliances (Pure Beauty), which appears inconsistent with Stingray Digitl and suggests a possible content or labeling error in the report.
  • Interested in Stingray Digitl? Here are five stocks we like better.

Shares of Stingray Digitl (TSE:RAY - Get Free Report) rose 3.9% on Wednesday . The company traded as high as C$14.97 and last traded at C$14.90. Approximately 41,938 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 69,418 shares. The stock had previously closed at C$14.34.

Stingray Digitl Stock Up 3.9%

The firm has a market cap of C$1.01 billion, a price-to-earnings ratio of 23.65 and a beta of 1.23.

Stingray Digitl (TSE:RAY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported C$0.38 EPS for the quarter. The firm had revenue of C$124.84 million during the quarter.

Stingray Digitl Company Profile

(Get Free Report)

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers.

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