Quebecor (TSE:QBR.A) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Quebecor, Inc. (TSE:QBR.AGet Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$32.58 and traded as low as C$32.05. Quebecor shares last traded at C$32.49, with a volume of 28,376 shares.

Quebecor Stock Performance

The firm has a market capitalization of C$2.49 billion, a P/E ratio of 10.25, a P/E/G 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 stock’s 50 day moving average is C$33.90 and its two-hundred day moving average is C$32.58.

Quebecor Company Profile

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Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

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