Chorus (OTCMKTS:CHRYY) Stock Price Down 6.6% – Time to Sell?

Shares of Chorus Limited (OTCMKTS:CHRYYGet Free Report) fell 6.6% on Friday . The stock traded as low as $22.41 and last traded at $22.41. 182 shares traded hands during trading, an increase of 29% from the average session volume of 141 shares. The stock had previously closed at $24.00.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on Chorus

Chorus Trading Down 6.6 %

The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95. The firm has a fifty day simple moving average of $25.18 and a 200 day simple moving average of $25.14.

Chorus Company Profile

(Get Free Report)

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.

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