Stingray Group Inc's stock has remained stable this week amid notable corporate developments.
This week, Stingray Group Inc (RAY-A.TO) has shown little movement, closing at C$16.20 with no change in price over the past week. Despite the lack of immediate stock price fluctuations, recent company announcements have captured investor attention and may influence future performance.
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Stingray Group Inc
RAY-A.TO
RAY-A.TO
Stingray Group Inc
WealthAwesomeMarket cap
$1.15B
P/E
26.9x
Div. yield
1.90%
Div. / share
$0.32
52W high
$17.90
52W low
$7.77
1W change
+0.00%
Beta
1.01
Analyst Price Targets
Based on analyst covering RAY-A · as of Sep 17, 2026
Wall Street analysts forecast RAY-A stock price to rise 27.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$20.67
+27.6% Upside
Current Price
C$16.20
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RAY-A's historical volatility
30-Day Vol
39.4%
Annualized
90-Day Vol
36.2%
Annualized
Trend (90d)
+34.9%
Annualized drift
90d Mean
C$18.35
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$16.89 | C$14.74 – C$19.34 |
| 60 trading days | C$17.60 | C$14.52 – C$21.33 |
| 90 trading days | C$18.35 | C$14.50 – C$23.22 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: While Stingray's stock price has remained steady, the company's ongoing share buyback program and recent management developments could provide insights into its strategic direction and market confidence.
11.72% YTD Growth
Stingray Group Inc has experienced a year-to-date growth of 11.72%, reflecting resilience in its business model despite recent operational challenges.
Bull case
The recent share buyback program suggests that management is confident in the company's future. This move could help maintain or even boost the stock price as investors see it as a sign of stability.
Bear case
Delays in filing audited financial statements raise concerns about operational complexities. This uncertainty could negatively impact investor sentiment and the stock's performance.
Recent Price Action
Stingray Group Inc (RAY-A.TO) closed at C$16.20, with no significant change in price over the past day or week. The stock has maintained this level, reflecting stability amid ongoing corporate developments.
Company News
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This week, there were no new announcements from Stingray Group Inc that directly impacted its stock price. However, previous news regarding a $15.4 million share buyback and delays in financial statement filings continue to resonate among investors. The company announced a private agreement to repurchase shares, which may indicate management's confidence in the stock's valuation.
Technical Picture
Stingray's stock currently trades above its 50-day moving average of C$15.20, representing a 6.6% increase, and significantly above its 200-day moving average of C$11.75, which is up 37.9% from the current price. The 52-week range for the stock is C$7.77 to C$17.90, indicating that it is currently trading at 83% of its range. With a beta of 1.01, the stock's volatility is in line with the broader market. Volume this week was 20,943 shares, which is below the 20-day average volume of 43,428 shares, suggesting lower trading activity.
Insider Activity
There have been no recent insider transactions reported for Stingray Group Inc, which may suggest stability in management's confidence in the company's current direction.
Price Action Summary
Stingray Group Inc closed at C$16.20, reflecting a 1D change of 0.00%. The stock remains stable amidst ongoing developments in its corporate strategy.
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