TVA Group (TSE:TVA.B) Issues Quarterly Earnings Results

TVA Group (TSE:TVA.B) posted its earnings results on Thursday. The company reported C$0.74 EPS for the quarter, FiscalAI reports. The business had revenue of C$185.54 million during the quarter. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.

TVA Group Price Performance

Shares of TVA Group stock opened at C$0.78 on Friday. The firm has a market capitalization of C$33.70 million, a PE ratio of -1.81, a price-to-earnings-growth ratio of 1.90 and a beta of -0.15. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 25.36. TVA Group has a 12 month low of C$0.45 and a 12 month high of C$1.10. The business’s 50-day moving average price is C$0.58 and its 200-day moving average price is C$0.60.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial upgraded shares of TVA Group from an “underperform” rating to a “sector perform” rating and upped their price objective for the stock from C$0.25 to C$0.75 in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, TVA Group currently has an average rating of “Hold” and an average price target of C$0.75.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.