Chorus Limited (OTCMKTS:CHRYY – Get Free Report)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $22.77 and traded as low as $22.55. Chorus shares last traded at $22.55, with a volume of 153 shares traded.
Chorus Trading Down 6.1%
The company has a debt-to-equity ratio of 4.95, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a 50-day moving average of $22.77 and a 200 day moving average of $23.87.
Chorus Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Tuesday, March 18th were given a dividend of $0.6471 per share. The ex-dividend date was Tuesday, March 18th.
About Chorus
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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