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

Company Overview

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. It also offers Stingray Naturescape and ZenLIFE by Stingray, are channels in 4K resolution; Stingray Holidayscapes, a channel that delivers all-day linear content; Ultimate Trivia by Stingray, a channel that provides a stream of questions in various categories and themes; and Stingray Karaoke, a video on demand and TV app. In addition, the company provides Stingray Business, an in-store media solution; Stingray Festival 4K, a TV channel that broadcasts in native 4K and Dolby Digital audio; Stingray Classica, a TV channel dedicated to classical music; Stingray Now 4K, a curated 4K TV channel; and Yokee Karaoke Sing Unlimited Songs, Yokee Piano, Piano Academy, The Piano Keyboard, Sing Karaoke by Stingray, Stingray Kids' Karaoke, and Yokee Music. Further, it offers music videos TV channels that include Stingray Loud, Stingray Retro, Stingray Vibe, Stingray Hits!, Stingray cmusic, PalmarèsADISQ par Stingray, Stingray Music Videos, Stingray Country, Stingray LiteTV, and Stingray Juicebox; Stingray iConcerts, a source for live concerts; and advertising services; and operates radio stations. The company distributes its products and services through various platforms, including digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, small and medium businesses, and directly to consumers. 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 founded in 2007 and is headquartered in Montreal, Canada.

Key Stats

• Today's Range: C$8.00 to C$8.10
• 50-Day Range: C$6.12 to C$8.10
• 52-Week Range: C$5.15 to C$8.35
• Volume: 3,100 shs
• Average Volume: 1,547 shs
• Market Capitalization: C$18.95 million
• P/E Ratio: N/A
• Dividend Yield: 3.70%
• Price Target: N/A
• Consensus Rating: N/A

RAY.B Stock Analysis - Frequently Asked Questions

How have RAY.B shares performed this year?

Stingray Group's stock was trading at C$6.00 on January 1st, 2024. Since then, RAY.B shares have increased by 35.0% and is now trading at C$8.10.
View the best growth stocks for 2024 here.

How do I buy shares of Stingray Group?

Shares of RAY.B 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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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Communication Services
• Industry: Broadcasting
• Sub-Industry: N/A
• Current Symbol: TSE:RAY.B
• CUSIP: N/A
• CIK: N/A
• Web: www.stingray.com
• Phone: +1-514-6641244
• Fax: N/A
• Employees: 1,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C($0.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.10
• P/E Growth: N/A
• Net Income: C$-20,560,000.00
• Net Margins: -5.78%
• Pretax Margin: N/A
• Return on Equity: -7.45%
• Return on Assets: 6.63%

Debt

• Debt-to-Equity Ratio: 154.45
• Current Ratio: 1.05
• Quick Ratio: 0.69

Sales & Book Value

• Annual Sales: C$355.51 million
• Price / Sales: 0.05
• Cash Flow: C$0.38 per share
• Price / Cash Flow: 21.04
• Book Value: C$3.72 per share
• Price / Book: 2.18

Miscellaneous

• Outstanding Shares: 2,340,000
• Free Float: N/A
• Market Cap: C$18.95 million
• Optionable: Not Optionable
• Beta: 1.07