Quebecor (TSE:QBR.A) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Quebecor, Inc. (TSE:QBR.AGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$34.07 and traded as high as C$38.00. Quebecor shares last traded at C$35.48, with a volume of 658 shares.

Quebecor Price Performance

The company has a market capitalization of C$2.80 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The firm’s 50-day moving average is C$34.24 and its 200-day moving average is C$33.91.

Quebecor Company Profile

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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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