Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) dropped 0.3% during mid-day trading on Friday. The stock traded as low as $23.14 and last traded at $23.14. 450 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 326 shares. The stock had previously closed at $23.2050.
Chorus Stock Performance
The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 4.71. The stock has a fifty day moving average price of $25.30 and a two-hundred day moving average price of $27.14.
Chorus Company Profile
Chorus Limited is a New Zealand telecommunications infrastructure company that owns and operates the country’s largest fixed-line communications network. The company provides wholesale access to broadband and data services, rather than selling most services directly to consumers. Its customers include retail internet service providers, telecommunications companies and other businesses.
Chorus’s network includes New Zealand’s nationwide Ultra-Fast Broadband fibre infrastructure, as well as legacy copper lines and associated backhaul and transmission assets.
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