TVA Group (TSE:TVA.B) Releases Earnings Results

TVA Group (TSE:TVA.B) posted its quarterly earnings results on Monday. The company reported C($0.10) earnings per share (EPS) for the quarter, FiscalAI reports. TVA Group had a negative return on equity of 10.65% and a negative net margin of 6.87%.The business had revenue of C$117.79 million during the quarter.

TVA Group Price Performance

TVA.B stock opened at C$0.95 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36. TVA Group has a fifty-two week low of C$0.45 and a fifty-two week high of C$1.35. The firm’s 50-day simple moving average is C$1.05 and its 200 day simple moving average is C$0.75. The stock has a market cap of C$41.05 million, a PE ratio of 2.79, a price-to-earnings-growth ratio of 1.90 and a beta of 0.32.

Analyst Ratings Changes

Separately, National Bank Financial increased their price objective on shares of TVA Group from C$0.75 to C$1.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, TVA Group presently has an average rating of “Hold” and a consensus price target of C$1.00.

TVA Group Company Profile

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.