Quebecor (TSE:QBR.A) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Quebecor, Inc. (TSE:QBR.AGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 trading hands.

Quebecor Trading Down 1.0 %

The stock has a market capitalization of C$2.87 billion, a PE ratio of 11.79, a PEG ratio of 1.44 and a beta of 0.39. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The business’s 50-day moving average is C$35.00 and its two-hundred day moving average is C$34.04.

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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