Stingray Group (TSE:RAY.B) Stock Price Down 9.9% – Should You Sell?

Stingray Group (TSE:RAY.BGet Free Report)’s stock price was down 9.9% on Wednesday . The stock traded as low as C$6.12 and last traded at C$6.12. Approximately 1,000 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 1,486 shares. The stock had previously closed at C$6.80.

Stingray Group Stock Performance

The firm has a market capitalization of C$17.76 million, a price-to-earnings ratio of -26.17 and a beta of 1.07. The stock’s fifty day moving average is C$7.27 and its two-hundred day moving average is C$7.43. The company has a quick ratio of 0.69, a current ratio of 1.05 and a debt-to-equity ratio of 154.45.

Stingray Group Company Profile

(Get Free Report)

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.

Further Reading

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