Stingray Group (TSE:RAY.A) Senior Officer Mathieu Péloquin Sells 5,000 Shares

Stingray Group (TSE:RAY.A) Senior Officer Mathieu Péloquin sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of C$7.97, for a total transaction of C$39,850.00.

Mathieu Péloquin also recently made the following trade(s):

• On Friday, November 29th, Mathieu Péloquin sold 500 shares of Stingray Group stock. The stock was sold at an average price of C$7.94, for a total transaction of C$3,971.00.

Stingray Group Trading Down 0.4 %

Shares of RAY.A opened at C$7.84 on Friday. The company’s fifty day moving average is C$7.63 and its 200 day moving average is C$7.62. Stingray Group has a fifty-two week low of C$5.09 and a fifty-two week high of C$8.54. The stock has a market capitalization of C$416.62 million, a PE ratio of -27.03, a P/E/G ratio of 1.13 and a beta of 1.07. The company has a debt-to-equity ratio of 154.45, a quick ratio of 0.69 and a current ratio of 1.05.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on RAY.A shares. Royal Bank of Canada raised their target price on shares of Stingray Group from C$10.00 to C$11.00 in a research note on Thursday, November 7th. CIBC raised their target price on shares of Stingray Group from C$10.50 to C$11.00 in a research note on Thursday, November 7th.

Stingray Group Company Profile

Stingray Group Inc operates as a music, media, and technology company worldwide. The company provides Stingray Music, a multiplatform music service available on television (TV), the internet, and through smartphones and tablets; Calm Radio, a music site for relaxation; Calm Christian, that offers Christian worship music; Qello Concerts by Stingray, an over-the-top streaming service on TV, mobile, and the web; and Stingray DJAZZ, a TV channel for jazz and jazz-related genres.