Stingray Digitl (TSE:RAY) Reaches New 1-Year Low – Should You Sell?

Shares of Stingray Digitl (TSE:RAY) reached a new 52-week low on Monday . The stock traded as low as C$15.11 and last traded at C$15.58, with a volume of 19256 shares traded. The stock had previously closed at C$16.01.

Stingray Digitl Stock Up 2.4%

The stock has a market cap of C$1.06 billion, a P/E ratio of 24.79 and a beta of 1.48.

Stingray Digitl (TSE:RAY) last issued its earnings results on Tuesday, February 10th. The company reported C$0.38 earnings per share for the quarter. The business had revenue of C$124.84 million during the quarter.

Stingray Digitl Company Profile

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers.