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Quebecor (TSE:QBR.A) Stock Crosses Above 50-Day Moving Average - Here's What Happened

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Quebecor, Inc. (TSE:QBR.A - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$34.75 and traded as high as C$36.87. Quebecor shares last traded at C$36.80, with a volume of 4,000 shares.

Quebecor Stock Performance

The business has a 50-day moving average price of C$35.11 and a 200-day moving average price of C$34.05. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The firm has a market capitalization of C$2.87 billion, a price-to-earnings ratio of 11.79, a P/E/G 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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