Transat A.T. (TSE:TRZ) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Transat A.T. Inc. (TSE:TRZ - Get Free Report)'s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.83 and traded as low as C$1.74. Transat A.T. shares last traded at C$1.84, with a volume of 58,983 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TRZ shares. CIBC lifted their target price on Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. TD Securities dropped their target price on Transat A.T. from C$2.25 to C$2.00 and set a "hold" rating on the stock in a research report on Tuesday, February 11th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of C$1.76.

Transat A.T. Stock Performance

The firm has a market cap of C$68.70 million, a price-to-earnings ratio of -0.59, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50. The stock has a 50-day moving average of C$1.83 and a 200-day moving average of C$1.83. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81.

About Transat A.T.

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.