Torstar (TSE:TS.B) Stock Price Crosses Above 200 Day Moving Average of $7.39

Torstar Corporation (TSE:TS.B) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.39 and traded as high as $17.62. Torstar shares last traded at $17.59, with a volume of 33,604 shares changing hands.

The company has a current ratio of 2.05, a quick ratio of 1.85 and a debt-to-equity ratio of 8.63. The company has a market capitalization of C$1.43 billion and a price-to-earnings ratio of -21.12. The firm’s 50 day simple moving average is C$14.49 and its 200-day simple moving average is C$7.39.

Torstar Company Profile (TSE:TS.B)

Torstar Corporation operates as a media company in Canada, the United States, and internationally. It operates through three segments: Community Brands, Daily Brands, and Digital Ventures. The company publishes the Toronto Star newspaper; the Metro daily print editions; Sing Tao Daily, a Chinese-language daily newspaper, as well as operates thestar.com, a newspaper Website in Canada; and operates Toronto.com, Torstar Syndication Services, and The Kit, a print and digital publication focuses on beauty, fashion, and wellness.

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