Postmedia Network Canada Corp Class NC (TSE:PNC.B) Stock Price Down 10.4%

Postmedia Network Canada Corp Class NC (TSE:PNC.B)’s stock price was down 10.4% during trading on Friday . The stock traded as low as C$3.00 and last traded at C$3.00, approximately 200 shares changed hands during mid-day trading. A decline of 36% from the average daily volume of 312 shares. The stock had previously closed at C$3.35.

The company’s 50 day moving average is C$2.10. The stock has a market cap of $281.04 million and a P/E ratio of -35.71.

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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