Lloyd Perry Feldman Sells 10,000 Shares of Stingray Group (TSE:RAY.A) Stock

Posted by Jeff Wilder on Feb 13th, 2025

Stingray Group (TSE:RAY.A – Get Free Report) Senior Officer Lloyd Perry Feldman sold 10,000 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of C$8.48, for a total transaction of C$84,751.00.

Lloyd Perry Feldman also recently made the following trade(s):

On Friday, December 20th, Lloyd Perry Feldman sold 8,000 shares of Stingray Group stock. The stock was sold at an average price of C$7.50, for a total transaction of C$60,008.00.

Stingray Group Trading Down 0.9 %

Shares of Stingray Group stock opened at C$8.37 on Thursday. The firm has a market cap of C$444.78 million, a price-to-earnings ratio of -28.86, a price-to-earnings-growth ratio of 1.13 and a beta of 1.07. Stingray Group has a 52-week low of C$6.76 and a 52-week high of C$9.05. The company’s 50-day simple moving average is C$7.76 and its 200-day simple moving average is C$7.71. The company has a quick ratio of 0.69, a current ratio of 1.05 and a debt-to-equity ratio of 154.45.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on RAY.A. Royal Bank of Canada increased 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 lifted their target price on Stingray Group from C$11.00 to C$11.50 in a research note on Friday, February 7th. Finally, BMO Capital Markets upped their price target on Stingray Group from C$10.50 to C$11.00 and gave the stock a “market perform” rating in a research note on Friday, February 7th.

Get Our Latest Report on RAY.A

Stingray Group Company Profile

(Get Free Report)

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment.