Transat A.T. Inc. (TSE:TRZ - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.60 and traded as low as C$1.49. Transat A.T. shares last traded at C$1.51, with a volume of 66,714 shares.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. TD Securities lowered their target price on Transat A.T. from C$2.00 to C$1.75 and set a "hold" rating on the stock in a research report on Monday, March 17th. Desjardins cut their price objective on Transat A.T. from C$2.25 to C$2.00 in a research note on Tuesday, March 18th. Three investment analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of C$1.71.
Check Out Our Latest Analysis on TRZ
Transat A.T. Stock Down 0.7 %
The firm has a market capitalization of C$59.96 million, a PE ratio of -0.52, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a debt-to-equity ratio of -241.60, a current ratio of 0.81 and a quick ratio of 0.76. The company has a 50-day moving average price of C$1.59 and a 200 day moving average price of C$1.75.
About Transat A.T.
(
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Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.
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