Chorus Limited (OTCMKTS:CHRYY – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.58 and traded as low as $22.00. Chorus shares last traded at $22.50, with a volume of 1,304 shares changing hands.
Chorus Stock Performance
The company has a debt-to-equity ratio of 4.95, a current ratio of 0.37 and a quick ratio of 0.37. The company has a 50-day moving average price of $23.58 and a 200 day moving average price of $25.18.
Chorus Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, April 25th. Investors of record on Tuesday, March 18th will be issued a $0.6471 dividend. The ex-dividend date of this dividend is Tuesday, March 18th.
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.
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