Colin Copp Acquires 4,980 Shares of Chorus Aviation Inc. (TSE:CHR) Stock

Chorus Aviation Inc. (TSE:CHR) Senior Officer Colin Copp acquired 4,980 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of C$20.12 per share, with a total value of C$100,197.60.

Chorus Aviation Price Performance

Shares of CHR opened at C$20.22 on Friday. The company has a debt-to-equity ratio of 118.79, a current ratio of 1.13 and a quick ratio of 0.53. The stock has a market cap of C$549.18 million, a PE ratio of -33.38, a P/E/G ratio of 0.65 and a beta of 2.14. The firm has a 50-day simple moving average of C$7.94 and a two-hundred day simple moving average of C$4.67. Chorus Aviation Inc. has a 1-year low of C$13.93 and a 1-year high of C$24.08.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CHR shares. BMO Capital Markets raised their price objective on shares of Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. TD Securities upgraded shares of Chorus Aviation from a “hold” rating to a “buy” rating and lifted their price target for the company from C$25.00 to C$27.00 in a research report on Friday, February 21st. Finally, CIBC lifted their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research report on Friday, February 21st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Chorus Aviation presently has an average rating of “Moderate Buy” and a consensus target price of C$9.53.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.