TVA Group (TSE:TVA.B) Share Price Passes Above Fifty Day Moving Average of $1.96

TVA Group Inc (TSE:TVA.B)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.96 and traded as high as $1.90. TVA Group shares last traded at $1.90, with a volume of 2,100 shares traded.

Separately, CIBC lowered their target price on TVA Group from C$2.50 to C$2.25 in a research report on Wednesday, May 8th.

The company has a market capitalization of $73.88 million and a price-to-earnings ratio of 13.57. The stock’s 50-day simple moving average is C$1.96. The company has a debt-to-equity ratio of 32.44, a current ratio of 0.94 and a quick ratio of 0.59.

About TVA Group (TSE:TVA.B)

TVA Group Inc operates a communications company in Canada. It operates through three segments: Broadcasting & Production; Magazines; and Film Production & Audiovisual Services. The Broadcasting & Production segment creates, produces, and broadcasts entertainment, information, and public affairs programming; operates a French-language television network, as well as provides nine specialty services; markets digital products associated with various televisual brands; and distributes audiovisual products and films.

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