Shares of Chorus Limited (OTCMKTS:CHRYY - Get Free Report) fell 6.6% on Friday . The stock traded as low as $22.41 and last traded at $22.41. 182 shares traded hands during trading, an increase of 29% from the average session volume of 141 shares. The stock had previously closed at $24.00.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised Chorus from a "strong sell" rating to a "hold" rating in a research note on Sunday, October 13th.
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Chorus Trading Down 6.6 %
The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95. The firm has a fifty day simple moving average of $25.18 and a 200 day simple moving average of $25.14.
Chorus Company Profile
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Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.
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