TVA Group (TSE:TVA.B) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Shares climbed above the 200-day moving average, trading at C$1.16 versus the 200-day MA of C$0.74 on light volume (700 shares).
• Analyst view: Hold with a C$1.00 target — National Bank Financial raised its target to C$1.00 and the consensus rating is "Hold" with an average price target of C$1.00.
• Mixed fundamentals: market cap C$50.12M, P/E 3.41 and recent quarterly EPS of C$0.74, but negative net margin (−6.87%) and ROE (−10.65%); analysts forecast FY EPS of C$0.05.

TVA Group Inc (TSE:TVA.B - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.74 and traded as high as C$1.16. TVA Group shares last traded at C$1.16, with a volume of 700 shares changing hands.

Analysts Set New Price Targets

Separately, National Bank Financial increased their target price on shares of TVA Group from C$0.75 to C$1.00 and gave the company a "sector perform" rating in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, TVA Group currently has an average rating of "Hold" and an average price target of C$1.00.

TVA Group Stock Up 0.9%

The stock's 50-day moving average is C$1.04 and its 200-day moving average is C$0.74. The stock has a market cap of C$50.12 million, a P/E ratio of 3.41, a price-to-earnings-growth ratio of 1.90 and a beta of 0.09. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36.

TVA Group (TSE:TVA.B - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. The company had revenue of C$185.54 million during the quarter. As a group, research analysts anticipate that TVA Group Inc will post 0.05 earnings per share for the current fiscal year.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.

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