Transat A.T. Inc. (TSE:TRZ - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.80 and traded as low as C$1.75. Transat A.T. shares last traded at C$1.75, with a volume of 36,409 shares trading hands.
Wall Street Analyst Weigh In
TRZ has been the topic of a number of analyst reports. TD Securities decreased their price target on Transat A.T. from C$3.00 to C$2.00 and set a "hold" rating on the stock in a research note on Friday, September 13th. National Bankshares lowered their price objective on Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating for the company in a research note on Friday, September 13th. Scotiabank lowered their price objective on Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating for the company in a research note on Friday, September 13th. CIBC lowered their price objective on Transat A.T. from C$2.30 to C$1.75 and set an "underperform" rating for the company in a research note on Friday, September 13th. Finally, Desjardins decreased their price target on Transat A.T. from C$3.00 to C$2.00 and set a "hold" rating for the company in a research note on Friday, September 13th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of C$1.75.
Get Our Latest Stock Report on Transat A.T.
Transat A.T. Price Performance
The firm has a fifty day simple moving average of C$1.80 and a 200 day simple moving average of C$2.33. The company has a market capitalization of C$70.11 million, a PE ratio of -0.45, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a debt-to-equity ratio of 16,969.40, a quick ratio of 0.76 and a current ratio of 0.76.
Transat A.T. (TSE:TRZ - Get Free Report) last issued its quarterly earnings results on Wednesday, September 11th. The company reported C($1.10) EPS for the quarter, missing analysts' consensus estimates of C($0.37) by C($0.73). The business had revenue of C$736.20 million during the quarter, compared to the consensus estimate of C$758.50 million. Equities analysts anticipate that Transat A.T. Inc. will post -4.3400002 EPS for the current year.
Transat A.T. Company Profile
(
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Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.
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