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Television Broadcasts (OTCMKTS:TVBCY) Shares Up 10.3% - Still a Buy?

Television Broadcasts logo with Consumer Discretionary background

Shares of Television Broadcasts Limited (OTCMKTS:TVBCY - Get Free Report) rose 10.3% on Thursday . The stock traded as high as $0.79 and last traded at $0.79. Approximately 524 shares changed hands during trading, a decline of 73% from the average daily volume of 1,958 shares. The stock had previously closed at $0.71.

Television Broadcasts Stock Performance

The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average of $0.74 and a 200-day moving average of $0.76.

About Television Broadcasts

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Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting; Over-The-Top (OTT) Streaming; e-Commerce Business; Mainland China Operations; and International Operations segments.

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