Colin Copp Acquires 4,980 Shares of Chorus Aviation Inc. (TSE:CHR) Stock

Chorus Aviation Inc. (TSE:CHR - Get Free Report) Senior Officer Colin Copp bought 4,980 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was purchased at an average price of C$20.12 per share, with a total value of C$100,197.60.

Chorus Aviation Trading Up 4.2 %

Shares of CHR traded up C$0.85 on Monday, reaching C$21.07. 155,052 shares of the company's stock were exchanged, compared to its average volume of 63,944. The business has a 50 day moving average price of C$7.94 and a two-hundred day moving average price of C$4.70. Chorus Aviation Inc. has a 12 month low of C$13.93 and a 12 month high of C$24.08. The stock has a market capitalization of C$572.27 million, a P/E ratio of -34.78, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. BMO Capital Markets increased their price objective on shares of Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. CIBC increased their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research note on Friday, February 21st. Finally, TD Securities upgraded shares of Chorus Aviation from a "hold" rating to a "buy" rating and boosted their price objective for the stock from C$25.00 to C$27.00 in a research report on Friday, February 21st. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$9.53.

About Chorus Aviation

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.