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Quebecor (TSE:QBR.A) Stock Crosses Above Fifty Day Moving Average - Here's Why

Quebecor logo with Business Services background

Quebecor, Inc. (TSE:QBR.A - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$32.39 and traded as high as C$33.00. Quebecor shares last traded at C$32.62, with a volume of 2,890 shares changing hands.

Quebecor Stock Up 0.1 %

The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The company has a fifty day simple moving average of C$32.48 and a two-hundred day simple moving average of C$33.21. The firm has a market capitalization of C$2.56 billion, a PE ratio of 10.51, a PEG ratio of 1.44 and a beta of 0.39.

About Quebecor

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Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec.

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