Shares of Transat A.T. Inc. (TSE:TRZ - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.84 and traded as low as C$1.78. Transat A.T. shares last traded at C$1.95, with a volume of 227,369 shares.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on TRZ. National Bankshares cut their price target on Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating for the company in a report on Friday, September 13th. CIBC upped their target price on shares of Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. Desjardins lowered their price target on shares of Transat A.T. from C$3.00 to C$2.00 and set a "hold" rating for the company in a report on Friday, September 13th. Scotiabank dropped their price objective on shares of Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating for the company in a research report on Friday, September 13th. Finally, TD Securities lifted their target price on Transat A.T. from C$2.00 to C$2.25 and gave the company a "hold" rating in a research note on Friday, December 13th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus target price of C$1.81.
Check Out Our Latest Research Report on Transat A.T.
Transat A.T. Trading Down 3.6 %
The business's 50 day simple moving average is C$1.84 and its 200-day simple moving average is C$1.97. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of C$73.64 million, a P/E ratio of -0.48, a PEG ratio of -0.04 and a beta of 1.50.
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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