Stingray Group (TSE:RAY.B) Sets New 12-Month High at $8.02

Stingray Group (TSE:RAY.B - Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as C$8.02 and last traded at C$8.02, with a volume of 8600 shares trading hands. The stock had previously closed at C$7.90.

Stingray Group Stock Performance

The company has a market cap of C$558.59 million, a PE ratio of 15.13 and a beta of 1.09. The stock's 50 day simple moving average is C$7.32 and its two-hundred day simple moving average is C$6.00. The company has a quick ratio of 0.69, a current ratio of 1.13 and a debt-to-equity ratio of 134.69.

About Stingray Group

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Stingray Group Inc provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers.

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