Stingray Group Inc. faces a mixed week with a slight decline in stock price and recent news regarding management matters.
This week, Stingray Group Inc. (RAY.TO) experienced a minor decline of 0.32%, closing at C$16.24. Despite the dip, the company has made headlines regarding a management cease trade order, which could affect investor sentiment moving forward.
Advertisement
Stingray Group Inc.
RAY.TO
RAY.TO
Stingray Group Inc.
WealthAwesomeMarket cap
$1.06B
Div. yield
0.60%
Div. / share
$0.10
52W high
$17.70
52W low
$10.37
1W change
-0.32%
Beta
0.91
Analyst Price Targets
Based on analyst covering RAY · as of Sep 17, 2026
Wall Street analysts forecast RAY stock price to rise 35.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.36
+35.6% Upside
Current Price
C$15.75
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's historical volatility
30-Day Vol
30.4%
Annualized
90-Day Vol
40.1%
Annualized
Trend (90d)
+4.6%
Annualized drift
90d Mean
C$16.01
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$15.84 | C$14.26 – C$17.59 |
| 60 trading days | C$15.92 | C$13.72 – C$18.47 |
| 90 trading days | C$16.01 | C$13.35 – C$19.20 |
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.
Advertisement
Investor takeaway: Investors should note the recent revocation of the management cease trade order as a potential positive development, although the company's fundamentals indicate challenges ahead.
Market Cap: C$1.06 Billion
With a market cap of C$1.06 billion and a negative profit margin of 7.4%, Stingray Group Inc. faces significant challenges in achieving profitability.
Bull case
The revocation of the management cease trade order may help restore investor confidence and improve the company's standing in the market, suggesting a possible rebound in stock performance.
Bear case
Stingray's fundamentals show a negative profit margin and return on equity, raising concerns about the company's financial health and long-term viability.
Recent Price Action
Stingray Group Inc. (RAY.TO) closed at C$16.24, reflecting no change for the day and a slight decline of 0.32% over the past week. The stock has shown some resilience over the past month, gaining 2.27%, but remains down 7.30% year-to-date.
Company News and Headlines
Advertisement
This week, Stingray Group Inc. made headlines with the announcement that the Autorité des marchés financiers (AMF) revoked a temporary management cease trade order. This order was initially issued due to a delay in filing audited financial statements for the year ended March 31, 2026. The revocation may signal a return to normalcy for the company after recent compliance issues.
Technical Picture
From a technical standpoint, RAY.TO is trading above its 50-day moving average of C$15.59 (+4.2%) and its 200-day moving average of C$15.25 (+6.5%). The stock has a 52-week range of C$10.37 to C$17.70, indicating it has traded within 80% of this range over the past year. With a beta of 0.91, the stock is slightly less volatile than the market. The recent trading volume of 28,274 shares is about 0.62 times the 20-day average volume of 23,485 shares, suggesting lower trading activity.
Insider Activity
Currently, there are no reported insider activities for Stingray Group Inc. that may influence investor sentiment.
Price Action Summary
As of the last close, Stingray Group Inc. (RAY.TO) stands at C$16.24, reflecting a stable position amid recent fluctuations.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
