Television Broadcasts (OTCMKTS:TVBCY) Trading 1.7% Higher – Time to Buy?

Television Broadcasts Limited (OTCMKTS:TVBCYGet Free Report) was up 1.7% on Thursday . The company traded as high as $0.75 and last traded at $0.75. Approximately 9,571 shares traded hands during mid-day trading, an increase of 196% from the average daily volume of 3,234 shares. The stock had previously closed at $0.74.

Television Broadcasts Stock Performance

The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.04. The business has a 50 day simple moving average of $0.74 and a two-hundred day simple moving average of $0.77.

About Television Broadcasts

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Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting; Over-The-Top (OTT) Streaming; e-Commerce Business; Mainland China Operations; and International Operations segments.

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