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

Chorus Limited (OTCMKTS:CHRYY)’s stock price traded down 6.6% during trading on Friday . The company 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 Analyst Weigh In

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

Chorus Trading Down 6.6 %

The stock has a fifty day moving average price of $25.18 and a two-hundred day moving average price of $25.14. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95.

Chorus Company Profile

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.