Transat A.T. Inc. (TSE:TRZ - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.80 and traded as low as C$1.78. Transat A.T. shares last traded at C$1.79, with a volume of 26,639 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on TRZ. National Bankshares lowered their price target 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. Scotiabank lowered their price target 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. TD Securities 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 research report on Friday, September 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 research report on Friday, September 13th. Finally, CIBC lowered their price target on shares of Transat A.T. from C$2.30 to C$1.75 and set an "underperform" rating for the company in a research report on Friday, September 13th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. According to data from MarketBeat, Transat A.T. currently has an average rating of "Reduce" and a consensus target price of C$1.75.
Get Our Latest Analysis on Transat A.T.
Transat A.T. Price Performance
The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 16,969.40. The firm has a market capitalization of C$70.11 million, a PE ratio of -0.46, a PEG ratio of -0.04 and a beta of 1.50. The firm's fifty day simple moving average is C$1.80 and its 200-day simple moving average is C$2.27.
Transat A.T. (TSE:TRZ - Get Free Report) last released its quarterly earnings data on Wednesday, September 11th. The company reported C($1.10) earnings per share for the quarter, missing the consensus estimate of C($0.37) by C($0.73). The firm had revenue of C$736.20 million for the quarter, compared to analysts' expectations of C$758.50 million. On average, research analysts forecast that Transat A.T. Inc. will post -4.3400002 earnings per share for the current fiscal year.
About Transat A.T.
(
Get Free Report)
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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