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TSE:RAY.A

Stingray Group (RAY.A) Stock Price, News & Analysis

C$7.75
-0.05 (-0.64%)
(As of 07/24/2024 ET)
Today's Range
C$7.68
C$7.79
50-Day Range
C$6.95
C$7.80
52-Week Range
C$4.21
C$8.10
Volume
11,782 shs
Average Volume
37,486 shs
Market Capitalization
C$391.30 million
P/E Ratio
14.62
Dividend Yield
3.87%
Price Target
C$9.60

Stingray Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.9% Upside
C$9.60 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$1.72 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

RAY.A stock logo

About Stingray Group Stock (TSE:RAY.A)

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. Its TV channels also include Stingray Festival 4K that broadcasts concerts, theatre productions, circuses, DJ sets, ballets and operas, and others in 4K and dolby digital audio; Stingray Classica, which offers classical music, operas, ballets, concerts, and documentaries; Stingray Juicebox, a music video TV channel; Stingray Loud, a music video channel that broadcasts rock, hard rock, metal, punk, and other music; Stingray Retro, a music video TV; Stingray Now 4K, a TV channel that offers 4K videos; Stingray Hits!, a music video TV channel; Stingray Qello, which broadcasts performances, concert films, and music documentaries; and NatureVision TV, a 24/7 channel that is available online and on television. In addition, the company offers Yokee, which transforms mobile phones and tablets into wireless karaoke machines. It distributes its content through various platforms, including digital and satellite TV, IPTV, Internet, mobile devices, Wi-Fi systems, game consoles, and connected cars. 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 incorporated in 2006 and is headquartered in Montreal, Canada.

RAY.A Stock Price History

RAY.A Stock News Headlines

Forecaster with 99.8% Accuracy Makes Shocking Prediction
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Forecaster with 99.8% Accuracy Makes Shocking Prediction
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
See More Headlines
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Industry, Sector and Symbol

Industry
Media - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$9.60
High Stock Price Target
C$10.50
Low Stock Price Target
C$8.00
Potential Upside/Downside
+24.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$37.02 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$340.69 million
Cash Flow
C$0.36 per share
Book Value
C$4.43 per share

Miscellaneous

Free Float
N/A
Market Cap
C$389.28 million
Optionable
Not Optionable
Beta
1.11
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RAY.A Stock Analysis - Frequently Asked Questions

How have RAY.A shares performed this year?

Stingray Group's stock was trading at C$6.06 at the beginning of the year. Since then, RAY.A stock has increased by 27.9% and is now trading at C$7.75.
View the best growth stocks for 2024 here
.

How do I buy shares of Stingray Group?

Shares of RAY.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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This page (TSE:RAY.A) was last updated on 7/24/2024 by MarketBeat.com Staff

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