Postmedia Network Canada Corp Class NC (TSE:PNC.B)’s stock price rose 19.4% during mid-day trading on Wednesday . The company traded as high as C$1.71 and last traded at C$1.60, approximately 1,000 shares were traded during mid-day trading. An increase of 221% from the average daily volume of 312 shares. The stock had previously closed at C$1.34.
The firm has a 50-day moving average price of C$1.86. The stock has a market capitalization of $181.74 million and a P/E ratio of -11.35.
About Postmedia Network Canada Corp Class NC (TSE:PNC.B)
Postmedia Network Canada Corp., through its subsidiary, Postmedia Network Inc, publishes daily and non-daily newspapers in Canada. The company is involved in news and information gathering and dissemination operations through various platforms, such as print, Web, tablet, and smartphone. It also operates digital media and online assets, including the canada.com and canoe.com Websites; and each newspaper's online Website.
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