Quebecor (TSE:QBR.B) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Quebecor, Inc. (TSE:QBR.B - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$32.79 and traded as high as C$33.20. Quebecor shares last traded at C$32.57, with a volume of 289,414 shares.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Scotiabank cut their price target on shares of Quebecor from C$38.00 to C$37.00 in a report on Tuesday, November 26th. CIBC dropped their price objective on shares of Quebecor from C$40.00 to C$39.00 in a report on Monday, February 10th. TD Securities boosted their price objective on shares of Quebecor from C$39.00 to C$40.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Royal Bank of Canada raised shares of Quebecor from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from C$37.00 to C$39.00 in a report on Wednesday, December 18th. Finally, National Bankshares dropped their price objective on shares of Quebecor from C$40.00 to C$38.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$37.79.

Quebecor Stock Down 0.3 %

The company has a market capitalization of C$5.13 billion, a price-to-earnings ratio of 10.25, a P/E/G ratio of 1.43 and a beta of 0.39. The business's 50-day moving average is C$31.74 and its 200-day moving average is C$32.84. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.