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

Quebecor, Inc. (TSE:QBR.AGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$33.38 and traded as high as C$36.10. Quebecor shares last traded at C$36.10, with a volume of 130 shares changing hands.

Quebecor Price Performance

The company has a market cap of C$2.77 billion, a price-to-earnings ratio of 11.39, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39. The company has a fifty day moving average price of C$33.38 and a two-hundred day moving average price of C$33.71. 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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