Chorus (OTCMKTS:CHRYY) Hits New 52-Week Low – Should You Sell?

Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report)’s share price hit a new 52-week low on Tuesday. The stock traded as low as $22.0301 and last traded at $22.0301, with a volume of 632 shares trading hands. The stock had previously closed at $23.14.

Chorus Stock Down 4.8%

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 business has a fifty day moving average of $25.18 and a two-hundred day moving average of $27.11.

About Chorus

(Get Free Report)

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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