Transat A.T. Inc. (TSE:TRZ - Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.82 and traded as high as C$1.84. Transat A.T. shares last traded at C$1.76, with a volume of 98,130 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the stock. TD Securities decreased their price objective 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 cut their target price on Transat A.T. from C$3.00 to C$2.00 and set a "hold" rating on the stock in a research report on Friday, September 13th. National Bankshares lowered their target price on shares of 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 decreased their price target on 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. Finally, Scotiabank decreased 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 report on Friday, September 13th. Three investment analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to MarketBeat, Transat A.T. has a consensus rating of "Reduce" and a consensus target price of C$1.75.
Get Our Latest Stock Report on TRZ
Transat A.T. Stock Performance
The company's 50-day moving average is C$1.82 and its two-hundred day moving average is C$2.40. 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 company has a market capitalization of C$68.94 million, a P/E ratio of -0.45, a PEG ratio of -0.04 and a beta of 1.49.
Transat A.T. (TSE:TRZ - Get Free Report) last issued its earnings results 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 company 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 earnings per share for the current fiscal year.
About Transat A.T.
(
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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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