Stingray Group (TSE:RAY.A) Senior Officer Lloyd Perry Feldman Sells 8,000 Shares

Stingray Group (TSE:RAY.A) Senior Officer Lloyd Perry Feldman sold 8,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of C$7.50, for a total value of C$60,008.00.

Stingray Group Trading Down 0.4 %

TSE:RAY.A opened at C$7.41 on Friday. The firm has a fifty day simple moving average of C$7.69 and a two-hundred day simple moving average of C$7.65. Stingray Group has a 12 month low of C$5.59 and a 12 month high of C$8.54. The stock has a market capitalization of C$393.77 million, a price-to-earnings ratio of -25.55, a PEG ratio of 1.13 and a beta of 1.07. The company has a current ratio of 1.05, a quick ratio of 0.69 and a debt-to-equity ratio of 154.45.

Analyst Ratings Changes

Several analysts recently commented on RAY.A shares. Royal Bank of Canada upped their target price on Stingray Group from C$10.00 to C$11.00 in a report on Thursday, November 7th. CIBC increased their price objective on shares of Stingray Group from C$10.50 to C$11.00 in a research report 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.