C
Stingray Group Inc.
RAYA.TO
TSX
C
Hold
1/28/2025Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 1/28/2025 due to an increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.83 to 0.92.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 1/28/2025 due to an increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.83 to 0.92.
D
Sell
11/4/2024Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 11/4/2024 due to a noticeable decline in the efficiency index, volatility index and total return index.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 11/4/2024 due to a noticeable decline in the efficiency index, volatility index and total return index.
C
Hold
9/12/2024Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 9/12/2024 due to a decline in the total return index and volatility index.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 9/12/2024 due to a decline in the total return index and volatility index.
C
Hold
8/28/2024Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 8/28/2024 due to an increase in the volatility index, solvency index and total return index. The quick ratio increased from 0.72 to 0.83, and debt to equity declined from 1.49 to 1.48.
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 8/28/2024 due to an increase in the volatility index, solvency index and total return index. The quick ratio increased from 0.72 to 0.83, and debt to equity declined from 1.49 to 1.48.
C
Hold
6/13/2024Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C+ on 6/13/2024 due to a significant decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.0956 to -$0.4999, net income declined 615.32% from $6.67M to -$34.36M, and EBIT declined 35.39% from $20.8M to $13.44M.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C+ on 6/13/2024 due to a significant decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.0956 to -$0.4999, net income declined 615.32% from $6.67M to -$34.36M, and EBIT declined 35.39% from $20.8M to $13.44M.
C
Hold
3/8/2024Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C+ from C on 3/8/2024 due to a noticeable increase in the growth index, volatility index and total return index. Operating cash flow increased 59.5% from $14.24M to $22.71M, EBIT increased 35.75% from $15.32M to $20.8M, and total revenue increased 19.84% from $61.5M to $73.71M.
Stingray Group Inc. (RAYA.TO) was upgraded to C+ from C on 3/8/2024 due to a noticeable increase in the growth index, volatility index and total return index. Operating cash flow increased 59.5% from $14.24M to $22.71M, EBIT increased 35.75% from $15.32M to $20.8M, and total revenue increased 19.84% from $61.5M to $73.71M.
C
Hold
11/1/2023Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 11/1/2023 due to an increase in the valuation index, total return index and dividend index.
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 11/1/2023 due to an increase in the valuation index, total return index and dividend index.
C
Hold
10/5/2023Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 10/5/2023 due to a decline in the volatility index and total return index.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 10/5/2023 due to a decline in the volatility index and total return index.
C
Hold
2/27/2023Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 2/27/2023 due to an increase in the volatility index and total return index.
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 2/27/2023 due to an increase in the volatility index and total return index.
C
Hold
2/10/2023Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 2/10/2023 due to a decline in the volatility index, valuation index and efficiency index.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 2/10/2023 due to a decline in the volatility index, valuation index and efficiency index.
C
Hold
2/2/2023Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 2/2/2023 due to an increase in the volatility index.
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 2/2/2023 due to an increase in the volatility index.
C
Hold
11/7/2022Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 11/7/2022 due to a large decline in the growth index, total return index and volatility index. Operating cash flow declined 26.67% from $17.47M to $12.81M.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 11/7/2022 due to a large decline in the growth index, total return index and volatility index. Operating cash flow declined 26.67% from $17.47M to $12.81M.
C
Hold
5/19/2022Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C from C+ on 5/19/2022 due to a decline in the volatility index and total return index.
Stingray Group Inc. (RAYA.TO) was downgraded to C from C+ on 5/19/2022 due to a decline in the volatility index and total return index.
C
Hold
4/29/2022Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 4/29/2022 due to a decline in the total return index, valuation index and efficiency index.
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 4/29/2022 due to a decline in the total return index, valuation index and efficiency index.
B
Buy
3/30/2022Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 3/30/2022 due to an increase in the total return index.
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 3/30/2022 due to an increase in the total return index.
C
Hold
3/15/2022Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 3/15/2022 due to a decline in the total return index.
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 3/15/2022 due to a decline in the total return index.
B
Buy
2/23/2022Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 2/23/2022 due to an increase in the growth index, efficiency index and valuation index. Operating cash flow increased 21.18% from $16.22M to $19.65M, EBIT increased 17.25% from $13.16M to $15.43M, and total revenue increased 6.47% from $56.69M to $60.36M.
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 2/23/2022 due to an increase in the growth index, efficiency index and valuation index. Operating cash flow increased 21.18% from $16.22M to $19.65M, EBIT increased 17.25% from $13.16M to $15.43M, and total revenue increased 6.47% from $56.69M to $60.36M.
C
Hold
11/11/2021Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 11/11/2021 due to a decline in the dividend index.
Stingray Group Inc. (RAYA.TO) was downgraded to C+ from B- on 11/11/2021 due to a decline in the dividend index.
B
Buy
11/3/2021Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 11/3/2021 due to an increase in the dividend index, total return index and volatility index.
Stingray Group Inc. (RAYA.TO) was upgraded to B- from C+ on 11/3/2021 due to an increase in the dividend index, total return index and volatility index.
C
Hold
6/14/2021Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C+ from C on 6/14/2021 due to a significant increase in the valuation index, total return index and volatility index.
Stingray Group Inc. (RAYA.TO) was upgraded to C+ from C on 6/14/2021 due to a significant increase in the valuation index, total return index and volatility index.
C
Hold
9/17/2020Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 9/17/2020 due to an increase in the volatility index, valuation index and total return index.
Stingray Group Inc. (RAYA.TO) was upgraded to C from C- on 9/17/2020 due to an increase in the volatility index, valuation index and total return index.
C
Hold
8/20/2020Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 8/20/2020 due to an increase in the dividend index and total return index.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 8/20/2020 due to an increase in the dividend index and total return index.
D
Sell
8/5/2020Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 8/5/2020 due to a decline in the dividend index, valuation index and solvency index. The quick ratio declined from 0.73 to 0.49.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 8/5/2020 due to a decline in the dividend index, valuation index and solvency index. The quick ratio declined from 0.73 to 0.49.
C
Hold
7/22/2020Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 7/22/2020 due to an increase in the volatility index, total return index and valuation index.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 7/22/2020 due to an increase in the volatility index, total return index and valuation index.
D
Sell
7/7/2020Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 7/7/2020 due to a decline in the volatility index.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 7/7/2020 due to a decline in the volatility index.
C
Hold
6/19/2020Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 6/19/2020 due to an increase in the dividend index, efficiency index and volatility index.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 6/19/2020 due to an increase in the dividend index, efficiency index and volatility index.
D
Sell
6/4/2020Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 6/4/2020 due to a significant decline in the growth index, valuation index and total return index. Earnings per share declined from $0.0807 to -$0.0847, operating cash flow declined 52.09% from $21.84M to $10.47M, and total revenue declined 17.37% from $61.6M to $50.9M.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 6/4/2020 due to a significant decline in the growth index, valuation index and total return index. Earnings per share declined from $0.0807 to -$0.0847, operating cash flow declined 52.09% from $21.84M to $10.47M, and total revenue declined 17.37% from $61.6M to $50.9M.
C
Hold
2/6/2020Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 2/6/2020 due to a significant increase in the growth index, valuation index and efficiency index. Earnings per share increased from $0.0514 to $0.0807, net income increased 56.09% from $3.93M to $6.13M, and operating cash flow increased 52.19% from $14.35M to $21.84M.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 2/6/2020 due to a significant increase in the growth index, valuation index and efficiency index. Earnings per share increased from $0.0514 to $0.0807, net income increased 56.09% from $3.93M to $6.13M, and operating cash flow increased 52.19% from $14.35M to $21.84M.
D
Sell
1/2/2020Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 1/2/2020 due to a noticeable decline in the growth index. Earnings per share declined from $0.0897 to $0.0514, operating cash flow declined 26.98% from $19.66M to $14.35M, and EBIT declined 16.81% from $14.82M to $12.33M.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 1/2/2020 due to a noticeable decline in the growth index. Earnings per share declined from $0.0897 to $0.0514, operating cash flow declined 26.98% from $19.66M to $14.35M, and EBIT declined 16.81% from $14.82M to $12.33M.
C
Hold
9/3/2019Upgraded
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 9/3/2019 due to a noticeable increase in the growth index, efficiency index and dividend index. Earnings per share increased from $0.0374 to $0.0897, net income increased 131.5% from $2.97M to $6.86M, and operating cash flow increased 96.34% from $10.01M to $19.66M.
Stingray Group Inc. (RAYA.TO) was upgraded to C- from D+ on 9/3/2019 due to a noticeable increase in the growth index, efficiency index and dividend index. Earnings per share increased from $0.0374 to $0.0897, net income increased 131.5% from $2.97M to $6.86M, and operating cash flow increased 96.34% from $10.01M to $19.66M.
D
Sell
2/7/2019Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 2/7/2019 due to a large decline in the efficiency index, growth index and valuation index. Earnings per share declined from $0.0076 to -$0.197, and net income declined 2,401.19% from $594.4 to -$13.68M.
Stingray Group Inc. (RAYA.TO) was downgraded to D+ from C- on 2/7/2019 due to a large decline in the efficiency index, growth index and valuation index. Earnings per share declined from $0.0076 to -$0.197, and net income declined 2,401.19% from $594.4 to -$13.68M.
C
Hold
12/21/2018Downgrade
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 12/21/2018 due to a noticeable decline in the volatility index and total return index.
Stingray Group Inc. (RAYA.TO) was downgraded to C- from C on 12/21/2018 due to a noticeable decline in the volatility index and total return index.
C
Hold
11/14/2018Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C from C- on 11/14/2018 due to a noticeable increase in the growth index, valuation index and volatility index.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C from C- on 11/14/2018 due to a noticeable increase in the growth index, valuation index and volatility index.
C
Hold
8/14/2018Downgrade
Stingray Digital Group Inc. (RAYA.TO) was downgraded to C- from C on 8/14/2018 due to a large decline in the volatility index, growth index and valuation index. Earnings per share declined from $0.0611 to $0.0155, operating cash flow declined 36.48% from $8.44M to $5.36M, and EBIT declined 13.13% from $3.16M to $2.74M.
Stingray Digital Group Inc. (RAYA.TO) was downgraded to C- from C on 8/14/2018 due to a large decline in the volatility index, growth index and valuation index. Earnings per share declined from $0.0611 to $0.0155, operating cash flow declined 36.48% from $8.44M to $5.36M, and EBIT declined 13.13% from $3.16M to $2.74M.
C
Hold
7/5/2017Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C from C- on 7/5/2017 due to an increase in the valuation index, efficiency index and volatility index. Net income increased 74.58% from $1.99M to $3.48M.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C from C- on 7/5/2017 due to an increase in the valuation index, efficiency index and volatility index. Net income increased 74.58% from $1.99M to $3.48M.
C
Hold
4/3/2017Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C- from D+ on 4/3/2017 due to a noticeable increase in the growth index, efficiency index and solvency index. Net income increased 85.41% from $1.08M to $1.99M, earnings per share increased from $0.021 to $0.0375, and operating cash flow increased 51.45% from $2.77M to $4.2M.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to C- from D+ on 4/3/2017 due to a noticeable increase in the growth index, efficiency index and solvency index. Net income increased 85.41% from $1.08M to $1.99M, earnings per share increased from $0.021 to $0.0375, and operating cash flow increased 51.45% from $2.77M to $4.2M.
D
Sell
1/3/2017Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D+ from D on 1/3/2017 due to a substantial increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.99 to 1.02.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D+ from D on 1/3/2017 due to a substantial increase in the total return index, volatility index and solvency index. The quick ratio increased from 0.99 to 1.02.
D
Sell
7/1/2016Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D from D- on 7/1/2016 due to a noticeable increase in the growth index, valuation index and volatility index. Operating cash flow increased 20.79% from $4.66M to $5.62M, EBIT increased 14.17% from $2.39M to $2.72M, and total revenue increased 8.22% from $17.3M to $18.72M.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D from D- on 7/1/2016 due to a noticeable increase in the growth index, valuation index and volatility index. Operating cash flow increased 20.79% from $4.66M to $5.62M, EBIT increased 14.17% from $2.39M to $2.72M, and total revenue increased 8.22% from $17.3M to $18.72M.
D
Sell
3/1/2016Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D- from E+ on 3/1/2016 due to a noticeable increase in the valuation index, efficiency index and total return index. Total capital increased 14.2% from $79.52M to $90.82M.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to D- from E+ on 3/1/2016 due to a noticeable increase in the valuation index, efficiency index and total return index. Total capital increased 14.2% from $79.52M to $90.82M.
E
Sell
12/1/2015Upgraded
Stingray Digital Group Inc. (RAYA.TO) was upgraded to E+ from E on 12/1/2015 due to an increase in the valuation index.
Stingray Digital Group Inc. (RAYA.TO) was upgraded to E+ from E on 12/1/2015 due to an increase in the valuation index.
E
Sell
11/27/2015None
Stingray Group Inc. (RAYA.TO) was downgraded to E from U on 11/27/2015.
Stingray Group Inc. (RAYA.TO) was downgraded to E from U on 11/27/2015.