Chorus Aviation Inc. (TSE:CHR - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$3.02 and traded as low as C$2.84. Chorus Aviation shares last traded at C$2.89, with a volume of 284,223 shares traded.
Wall Street Analyst Weigh In
CHR has been the subject of a number of research analyst reports. Canaccord Genuity Group lifted their price objective on shares of Chorus Aviation from C$2.50 to C$3.10 and gave the company a "hold" rating in a report on Wednesday, October 23rd. BMO Capital Markets boosted their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. TD Securities increased their price objective on shares of Chorus Aviation from C$24.00 to C$25.00 and gave the company a "hold" rating in a research note on Tuesday. Finally, CIBC boosted their price objective on shares of Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$5.84.
View Our Latest Analysis on CHR
Chorus Aviation Price Performance
The company has a quick ratio of 0.53, a current ratio of 1.45 and a debt-to-equity ratio of 60.07. The firm has a market cap of C$3.70 billion, a PE ratio of 84.13, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The stock has a 50 day moving average price of C$3.33 and a two-hundred day moving average price of C$3.03.
About Chorus Aviation
(
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Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.
Further Reading
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