Quebecor (TSE:QBR.A) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Quebecor, Inc. (TSE:QBR.AGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$40.77 and traded as high as C$41.42. Quebecor shares last traded at C$40.47, with a volume of 615 shares changing hands.

Quebecor Stock Up 1.4%

The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The company has a market cap of C$3.10 billion, a price-to-earnings ratio of 12.77, a price-to-earnings-growth ratio of 1.44 and a beta of 0.39. The business has a 50-day simple moving average of C$40.77 and a 200-day simple moving average of C$37.98.

Quebecor Company Profile

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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.

Further Reading

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