Stingray Group (TSE:RAY.B) Shares Up 0.4%

Shares of Stingray Group (TSE:RAY.B - Get Free Report) were up 0.4% on Tuesday . The company traded as high as C$7.40 and last traded at C$7.40. Approximately 1,300 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 1,797 shares. The stock had previously closed at C$7.37.

Stingray Group Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.69 and a debt-to-equity ratio of 134.69. The stock's fifty day simple moving average is C$7.50 and its 200 day simple moving average is C$6.46. The company has a market cap of C$515.41 million, a price-to-earnings ratio of 13.96 and a beta of 1.11.

Stingray Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.