Should I buy or sell Stingray Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stingray Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" STGYF shares. View STGYF analyst ratings or view top-rated stocks .

What is Stingray Group's stock price target for 2024?

1 Wall Street analysts have issued 1 year price objectives for Stingray Group's shares. Their STGYF share price targets range from C$7.00 to C$8.00. On average, they expect the company's stock price to reach C$7.50 in the next year. This suggests a possible upside of 145.5% from the stock's current price. View analysts price targets for STGYF or view top-rated stocks among Wall Street analysts .

How have STGYF shares performed in 2023?

Stingray Group's stock was trading at C$3.18 on January 1st, 2023. Since then, STGYF stock has decreased by 3.9% and is now trading at C$3.06. View the best growth stocks for 2023 here .

Are investors shorting Stingray Group?

Stingray Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 2,200 shares, a decrease of 65.1% from the October 31st total of 6,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 11.0 days. View Stingray Group's Short Interest .

How do I buy shares of Stingray Group?

Shares of STGYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Stingray Group Stock Price, News & Analysis (OTCMKTS:STGYF)

C$3.06

+0.05 (+1.66%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$3.06
▼
C$3.06
50-Day Range: C$3.06
▼
C$3.95
52-Week Range: C$3.05
▼
C$4.37

Volume: N/A
Average Volume: 1,908 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$7.50

Stock Analysis Analyst Forecasts Chart Short Interest

Stingray Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 145.5% Upside
C$7.50 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Stingray Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$7.50, Stingray Group has a forecasted upside of 145.5% from its current price of C$3.06.
Amount of Analyst Coverage
Stingray Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Stingray Group has a short interest ratio ("days to cover") of 11, which indicates bearish sentiment.
Change versus previous month
Short interest in Stingray Group has recently decreased by 65.08%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Stingray Group does not currently pay a dividend.
Dividend Growth
Stingray Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STGYF.

2.2

News and Social Media Coverage

News Sentiment
Stingray Group has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Communication Services companies.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stingray Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
70.56% of the stock of Stingray Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Stingray Group is -13.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stingray Group is -13.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Stingray Group Stock (OTCMKTS:STGYF)

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio. It also provides Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Stingray Classica, a TV channel dedicated to classical music, including operas, ballets, concerts, and documentaries; Stingray iConcerts, a source for various live concerts; and Stingray DJAZZ, a TV channel dedicated to jazz and jazz-related genres, such as soul, blues, funk, gospel, hip-hop, fusion, reggae, Latin, swing, and bebop. In addition, the company offers karaoke services comprising Yokee Piano, Stingray Kids' Karaoke, and Yokee Music, as well as Stingray Karaoke, a video on demand and TV app. Further, it provides music videos TV channels that include Stingray Country, Stingray cmusic, PalmarèsADISQ par Stingray, Stingray Hits!, Stingray Vibe, Stingray Loud, Stingray Retro, Stingray LiteTV, and Stingray Juicebox; and operates approximately 100 radio stations across Canada, as well as offers advertising solutions. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, small and medium businesses, and directly to consumers. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada.

STGYF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STGYF Stock News Headlines

No headlines for this company have been tracked by MarketBeat.com

Receive STGYF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Stingray Group and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Broadcasting
Sub-Industry: N/A
Sector: Communication Services
Current Symbol: OTCMKTS:STGYF
CUSIP: N/A
CIK: N/A
Web: www.stingray.com
Phone: (403) 508-7177
Fax: N/A
Employees: 1,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$7.50
High Stock Price Target: C$8.00
Low Stock Price Target: C$7.00
Potential Upside/Downside: +145.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Eric Boyko CPA (Age 53)
CGA, Co-Founder, President, CEO & Non-Independent Director
Comp: $492.21k
Mr. Jean-Pierre Trahan C.A.
CPA, Chief Financial Officer
Mr. Mario DuBois
Senior VP & CTO
Mr. Lloyd Perry Feldman
Senior VP, General Counsel & Corporate Secretary
Mr. Mathieu Peloquin (Age 52)
Senior Vice President of Marketing & Communications
Comp: $378.91k
Mr. Ian S. Lurie
President of Radio Operations
Mr. Rick Bergan
Head of Content Distribution - United States
Mr. David Purdy (Age 57)
Chief Revenue Officer
Comp: $409.86k
Mr. Ryan Fuss
Senior Vice-President of Advertising Sales
Mr. Simon Foster
General Manager of Chatter

Key Competitors

View All Competitors

STGYF Stock Analysis - Frequently Asked Questions

Should I buy or sell Stingray Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stingray Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" STGYF shares.
View STGYF analyst ratings or view top-rated stocks.
What is Stingray Group's stock price target for 2024?: 1 Wall Street analysts have issued 1 year price objectives for Stingray Group's shares. Their STGYF share price targets range from C$7.00 to C$8.00. On average, they expect the company's stock price to reach C$7.50 in the next year. This suggests a possible upside of 145.5% from the stock's current price.
View analysts price targets for STGYF or view top-rated stocks among Wall Street analysts.
How have STGYF shares performed in 2023?: Stingray Group's stock was trading at C$3.18 on January 1st, 2023. Since then, STGYF stock has decreased by 3.9% and is now trading at C$3.06.
View the best growth stocks for 2023 here.

Are investors shorting Stingray Group?: Stingray Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 2,200 shares, a decrease of 65.1% from the October 31st total of 6,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 11.0 days.
View Stingray Group's Short Interest.
How do I buy shares of Stingray Group?: Shares of STGYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:STGYF) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Stingray Group Stock Price, News & Analysis (OTCMKTS:STGYF)