Quebecor (TSE:QBR.A) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

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 trading hands.

Quebecor Stock Performance

The firm’s 50 day simple moving average is C$34.24 and its 200 day simple moving average is C$33.91. The firm has a market cap of C$2.80 billion, a PE ratio of 11.51, 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.

About Quebecor

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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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