Yellow Media (Y) Shares Up 8%

Shares of Yellow Media Ltd. (TSE:Y) shot up 8% during mid-day trading on Thursday . The stock traded as high as C$7.27 and last traded at C$7.25. 20,924 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 13,022 shares. The stock had previously closed at C$6.71.

Separately, TD Securities lowered shares of Yellow Media from a “hold” rating to a “reduce” rating and set a C$7.00 price target on the stock. in a research report on Wednesday, November 1st.

The company has a market cap of $188.39, a PE ratio of -0.46 and a beta of 0.17.

Yellow Media (TSE:Y) last issued its earnings results on Tuesday, November 7th. The company reported C($0.08) earnings per share for the quarter, beating the consensus estimate of C($0.12) by C$0.04.

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About Yellow Media

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. The company offers marketing solutions comprising digital and traditional marketing products, such as online and mobile priority placement, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, and print advertising to small and medium-sized enterprises.

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