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Chorus (OTCMKTS:CHRYY) Trading Down 0.1% - Here's Why

Chorus logo with Computer and Technology background

Chorus Limited (OTCMKTS:CHRYY - Get Free Report)'s stock price dropped 0.1% during mid-day trading on Wednesday . The company traded as low as $25.20 and last traded at $25.21. Approximately 327 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 816 shares. The stock had previously closed at $25.23.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Chorus from a "strong sell" rating to a "hold" rating in a research report on Sunday, October 13th.

Check Out Our Latest Stock Analysis on CHRYY

Chorus Trading Down 0.1 %

The stock's 50 day moving average price is $25.93 and its 200 day moving average price is $24.97. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95.

Chorus Company Profile

(Get Free Report)

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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