Chorus (OTCMKTS:CHRYY) Trading Down 0.1% – What’s Next?

Chorus Limited (OTCMKTS:CHRYY)’s share price fell 0.1% during trading on Wednesday . The stock traded as low as $25.20 and last traded at $25.21. Approximately 327 shares traded hands during trading, a decline of 60% from the average session volume of 816 shares. The stock had previously closed at $25.23.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Chorus from a “strong sell” rating to a “hold” rating in a research report on Sunday, October 13th.

Chorus Price Performance

The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95. The company has a 50 day moving average of $25.89 and a two-hundred day moving average of $24.99.

Chorus Company Profile

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.