Transat A.T. (TSE:TRZ) Shares Cross Below 50-Day Moving Average – What’s Next?

Transat A.T. Inc. (TSE:TRZ) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.58 and traded as low as C$2.57. Transat A.T. shares last traded at C$2.60, with a volume of 70,706 shares trading hands.

Wall Street Analyst Weigh In

Separately, TD Securities cut Transat A.T. from a “buy” rating to a “hold” rating and reduced their price objective for the company from C$5.00 to C$3.00 in a research note on Wednesday, February 11th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of C$2.83.

Transat A.T. Stock Performance

The company has a debt-to-equity ratio of -216.74, a current ratio of 0.71 and a quick ratio of 0.76. The stock has a 50 day simple moving average of C$2.59 and a two-hundred day simple moving average of C$2.54. The company has a market cap of C$107.61 million, a PE ratio of 0.33, a PEG ratio of -0.04 and a beta of 0.83.

Transat A.T. (TSE:TRZ) last issued its quarterly earnings data on Tuesday, March 10th. The company reported C($1.18) earnings per share for the quarter. Transat A.T. had a net margin of 9.74% and a negative return on equity of 44.87%. The firm had revenue of C$870.71 million during the quarter. Equities analysts predict that Transat A.T. Inc. will post -4.3400002 EPS for the current year.

About Transat A.T.

Air Transat is a leading travel brand voted 2025 World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the east coast of the United States, South America and North Africa. Air Transat is recognized for its excellent customer service. Its fleet includes some of the most energy-efficient aircraft in their category. Based in Montreal with major hubs in YUL Montréal-Trudeau International Airport and Toronto Pearson Airport (YYZ), it has 5,000 employees with a common purpose to bring people closer together.