|Bid||7.60 x N/A|
|Ask||7.69 x N/A|
|Day's Range||7.55 - 7.79|
|52 Week Range||5.51 - 9.44|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.28 (3.84%)|
|1y Target Est||9.50|
RAY.B) (“Stingray”), a leading business-to-business multi-platform music and in-store media solutions provider, today announced that the Toronto Stock Exchange (“TSX”) has approved its share repurchase program (the “Program”), authorizing Stingray to repurchase up to an aggregate 2,924,220 subordinate voting shares and variable subordinate voting shares (collectively, “Subordinate Shares”), representing approximately 5% of the 58,484,449 issued and outstanding Subordinate Shares as at August 7, 2019. In accordance with TSX requirements, Stingray is entitled to purchase, on any trading day, up to a total of 16,004 Subordinate Shares representing 25% of this average daily trading volume. Stingray believes that the purchase of up to 2,924,220 Subordinate Shares under the Program is an appropriate use of its funds and a desirable investment for Stingray and, therefore, would be in the best interests of Stingray.
MONTREAL, Aug. 07, 2019 -- In accordance with the TSX Company Manual, Stingray Group Inc. (TSX: RAY.A; RAY.B) (the “Corporation”) is issuing this news release to disclose the.
First Quarter Highlights Revenues increased 133.4% to $80.4 millionRecurring Broadcasting and Commercial Music revenues(1) of $34.0 million, an increase of 10.3%Radio accounted.
B.), a leading music, media and technology company, today announced that it has reached a long-term agreement with Rogers Communications that renews their longstanding relationship. As part of the agreement, Rogers television customers (cable and IPTV) will have access to Stingray Music audio channels and can also enjoy the Stingray Music mobile app and web player for free. The deal also provides Rogers with rights to distribute exciting new Stingray products.
MONTREAL, July 10, 2019 -- Stingray Group Inc. (TSX: RAY.A; RAY.B) will hold its 2019 Annual Meeting of Shareholders on Wednesday, August 7, 2019 at 11:00 am (EDT) at its.
MONTREAL, June 28, 2019 -- Stingray (TSX: RAY. A; RAY. B.), a proudly Canadian music, media, and technology company, today announced that it continues to make significant.
Fourth Quarter Highlights Revenues increased 112.5% to $72.7 millionRecurring Broadcasting and Commercial Music revenues(1) of $34.5 million, an increase of 12.4%Radio.
RAY.B) is pleased to announce that its wholly-owned subsidiary, Stingray Radio Inc., has entered into an agreement to acquire the assets of CIXL-FM and CKYY-FM in Welland, Ontario, from Wellport Broadcasting Limited/RB Communications Ltd, subject to approval from the Canadian Radio-television and Telecommunications Commission (the “CRTC”). This forward-looking information relates to, among other things, our objectives and the strategies to achieve these objectives, as well as information with respect to our beliefs, plans, expectations, anticipations, estimations and intentions, and may also include other statements that are predictive in nature, or that depend upon or refer to future events or conditions.
MONTREAL, May 09, 2019 -- Stingray Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the fourth quarter and fiscal year ended March 31, 2019, on Wednesday,.
B.), a leading music, media and technology company, today announced the second launch of Stingray Products with Bell in less than a year. Bell Fibe TV subscribers can now access two on-demand services created especially for music fans: Stingray Qello and Stingray Karaoke. Stingray Qello, which has been described by Forbes as “the Netflix of concert films and documentaries”, transforms the television screens of Fibe TV subscribers into a live concert experience with hundreds of performances by global stars such as Beyoncé, Maroon 5, Paul McCartney, Queen, Imagine Dragons, the Rolling Stones and many more.
B.), a leading music, media, and technology company, was presented with two prestigious awards on March 29 at the World Radio Summit, the annual industry convention that attracts broadcast professionals from around the world: International Broadcast Group of the Year and International Radio Programmer of the Year. Stingray received these honours despite stiff competition from leading radio broadcast groups and professionals from around the world. Only 6 months after entering the radio market with the acquisition of Newfoundland Capital Corporation Limited, one of Canada’s leading radio broadcasters, Stingray was named International Radio Broadcast Group of the Year for 2019, a category that attracts entries from top broadcast groups worldwide.
MONTREAL, March 28, 2019 -- Stingray Group Inc. (TSX: RAY.A; RAY.B) (the “Corporation”; “Stingray”) today announced that the Board of Directors has declared a quarterly.
MONTREAL, Feb. 18, 2019 -- Stingray Group Inc. (TSX: RAY. A; RAY. B.), a leading music, media, and technology company, is starting 2019 on a high note, today announcing the.
TORONTO, Feb. 13, 2019 -- Stingray is proud to announce the return of FLOW 93-5, Canada’s first and only hip-hop radio station. Originally launched in 2001, FLOW 93-5 was born.
Third Quarter Highlights Revenues increased 101.6% to $70.8 million following the Newfoundland Capital Corporation Inc. (“NCC”) acquisitionRecurring Broadcasting and Commercial.
MONTREAL, Feb. 05, 2019 -- Stingray Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the third quarter ended December 31, 2018, on Wednesday, February 6,.
MONTREAL, Jan. 10, 2019 -- Stingray Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the third quarter ended December 31, 2018, on Thursday, February 7,.
First-ever Numeris PPM survey results for Stingray: 41.4% of Canadians and 41.6% of Canadians ages 25-54 listened to Stingray Music on TV MONTREAL, Jan. 08, 2019 -- The.
Stingray Group Inc. (TSX: RAY.A, RAY.B) is pleased to announce that its wholly-owned subsidiary, Stingray Radio Inc., has entered into an agreement to acquire the assets of CHOO-FM in Drumheller, Alberta, from Golden West Broadcasting Ltd. subject to approval from the Canadian Radio-television and Telecommunications Commission (“CRTC”). “The acquisition of CHOO-FM offers an excellent opportunity for Stingray to add an FM station in Drumheller that will perfectly complement our Real Country-branded CKDQ-AM,” commented Ian Lurie, President, Radio Operations of Stingray. Stingray is a premium provider of curated direct-to-consumer and B2B services, including audio television channels, more than 100 radio licences, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, which have been downloaded over 100 million times.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
MONTREAL, Jan. 02, 2019 -- Stingray Group Inc. (TSX: RAY. A; RAY. B.), a leading music, media, and technology company, today announced that its previously-announced endeavors.
MONTREAL, Dec. 31, 2018 -- Stingray Group Inc. (TSX: RAY. A; RAY. B.), a leading music, media, and technology company, is ending 2018 on a high note. The company today.