Stingray Group (TSE:RAY.B) Reaches New 52-Week High at $8.02

Stingray Group (TSE:RAY.B) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$8.02 and last traded at C$8.02, with a volume of 8300 shares changing hands. The stock had previously closed at C$7.65.

Stingray Group Stock Up 4.8 %

The firm has a market cap of C$558.59 million, a price-to-earnings ratio of 14.43 and a beta of 1.11. The company has a quick ratio of 0.69, a current ratio of 1.13 and a debt-to-equity ratio of 134.69. The firm has a fifty day moving average price of C$7.39 and a 200-day moving average price of C$7.31.

About Stingray Group

Stingray Group Inc provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers.