Stingray Group (TSE:RAY.A) Senior Officer Sells C$60,008.00 in Stock

Stingray Group (TSE:RAY.A - Get Free Report) Senior Officer Lloyd Perry Feldman sold 8,000 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of C$7.50, for a total value of C$60,008.00.

Stingray Group Trading Down 0.4 %

TSE RAY.A traded down C$0.03 during trading hours on Tuesday, reaching C$7.41. The company's stock had a trading volume of 6,148 shares, compared to its average volume of 40,145. The firm has a fifty day simple moving average of C$7.69 and a 200-day simple moving average of C$7.65. The stock has a market cap of C$393.77 million, a P/E ratio of -25.55, a P/E/G ratio of 1.13 and a beta of 1.07. Stingray Group has a 52 week low of C$5.59 and a 52 week high of C$8.54. The company has a debt-to-equity ratio of 154.45, a current ratio of 1.05 and a quick ratio of 0.69.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RAY.A shares. Royal Bank of Canada increased their target price on Stingray Group from C$10.00 to C$11.00 in a research note on Thursday, November 7th. CIBC lifted their price objective on shares of Stingray Group from C$10.50 to C$11.00 in a research note on Thursday, November 7th.

Stingray Group Company Profile

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.