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Stingray Group Inc. is listed at the TSX Exchange
Stingray Group Inc. [RAY-B.TO]
TSX Sector: Communication Services Industry:Broadcasting

Is Stingray Group Inc. stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Stingray Group Inc. pays dividends. Last time was Friday 13th of September 2024 where the investors holding the stock on Friday 30th of August 2024 were paid $0.075 per share. Over the last 37 times between 2015 and 2024, Stingray Group Inc. has paid $2.365 with an average of $0.06 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Stingray Group Inc. 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $7.41, you would have made a loss of $-0.0600 per share or -0.81%

No, the average daily trading liquidity for Stingray Group Inc. is $516 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Stingray Group Inc. has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.31, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Stingray Group Inc. to be medium [0.6 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.