|Bid||7.65 x 0|
|Ask||9.25 x 0|
|Day's Range||7.80 - 7.80|
|52 Week Range||7.46 - 10.85|
|Beta (3Y Monthly)||0.55|
|PE Ratio (TTM)||58.65|
|Forward Dividend & Yield||0.24 (3.03%)|
|1y Target Est||N/A|
RAY.B) today announced that it has completed its previously-announced private placement of an aggregate of 2,429,544 Subordinate Voting Shares of Stingray (the “Private Placement Shares”) to 3322044 Nova Scotia Limited (the “Subscriber”), at a price of $10.29 per Subordinate Voting Share for total gross proceeds of $25,000,007.76. The Subscriber is an affiliate of Irving West, Limited, a company controlled by Mr. Harry R. Steele, a former Chairman of Newfoundland Capital Corporation Limited, which was acquired by Stingray on October 26, 2018. Stingray intends to use the proceeds of the private placement for working capital, including to provide further flexibility for a future major acquisition.
Adjusted EBITDA(1) growth of over 20% Second Quarter Highlights Closing of the Newfoundland Capital Corporation (“NCC”) acquisition significantly improves adjusted free cash.
GANDER, NL , Nov. 5, 2018 /CNW/ - Irving West, Limited today entered into a Subscription Agreement with Stingray Digital Group Inc. (TSX: RAY.A; RAY.B) pursuant which Irving West or its affiliate has agreed ...
RAY.B) today announced that it has entered into a subscription agreement with Irving West, Limited (“Irving West”) pursuant to which Irving West has agreed to purchase an aggregate of 2,429,544 Subordinate Voting Shares of Stingray (the “Private Placement Shares”) at a price of $10.29 per Subordinate Voting Share for total gross proceeds of $25,000,007.76. Irving West is a company controlled by Mr. Harry R. Steele, a former Chairman of Newfoundland Capital Corporation Limited, which was acquired by Stingray on October 26, 2018.
MONTRÉAL, Oct. 26, 2018 /CNW Telbec/ - Stingray Digital Group Inc. ("Stingray") (TSX: RAY.A) (TSX: RAY.B) announced that it had acquired, along with its wholly-owned subsidiary, 10643432 Canada ...
DARTMOUTH, NS , Oct. 26, 2018 /CNW/ - Newfoundland Capital Corporation Limited ("NCC") (TSX: NCC.A; NCC.B) today announced that Stingray Digital Group Inc. ("Stingray") (TSX: RAY.A; ...
NCC reaches millions of listeners each week through a variety of formats and is a recognized industry leader in radio programming, sales, and networking. NCC operates 72 local radio stations and 29 repeating stations — also available on web and mobile — in seven (7) provinces from coast to coast.
NCC.B) today announced that the Canadian Radio-television and Telecommunications Commission (CRTC) has authorized the transaction announced on May 2, 2018, pursuant to which Stingray will acquire the shares of NCC (the “Transaction”). As such, all regulatory approvals required to complete the Transaction have been obtained and the Transaction is expected to close on or about October 26, 2018. Based on the number of issued and outstanding shares of NCC, each shareholder of NCC is expected to receive approximately 0.15371 Stingray subordinate voting shares (or Stingray variable subordinate voting shares, as applicable) and approximately $13.17 in cash for each share of NCC owned.
RAY.B) today announced that it has acquired DJ-Matic, a provider of in-store media solutions (music, video, digital signage) for businesses with clients in Belgium, the Netherlands, Germany, and Denmark.
MONTREAL, Oct. 10, 2018 -- Stingray Digital Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the second quarter ended September 30, 2018, on Thursday,.
RAY.B), a leading multiplatform music and video services provider, today announced that Ryan Fuss will join its management team as Senior Vice-President, Advertising Sales, effective October 1st. In his position, Mr. Fuss, who will be based in Toronto and report to newly-appointed CRO David Purdy, will spearhead the development of Stingray’s integrated advertising offering - both domestically and internationally – in support of the company’s growth objectives. Mr. Fuss is a renowned media and technology professional with a proven track record of forging influential partnerships with brands, agencies, technology platforms, publishers, and media corporations.
Stingray Qello to stream more than thirty artists over three days including Imagine Dragons, Katy Perry, Robert Plant and the Sensational Space Shifters, Wiz Khalifa, N.E.R.D, Incubus, Billy Idol, Cake, ...
CALGARY, Alberta, Sept. 04, 2018-- The Board of Trustees of Northview Apartment Real Estate Investment Trust today announced the appointment of Valery Zamuner as a Trustee of Northview.. "We are very ...
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Stingray Digital Group, Inc. (TSX: RAY.B ) will be discussing their earnings results in their Q1 Earnings Call to be held on August 8, 2018 at 9:00 AM Eastern ...