Chorus (OTCMKTS:CHRYY) Reaches New 52-Week Low – Here’s What Happened

Shares of Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) hit a new 52-week low on Tuesday. The company 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 Price 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 firm has a 50 day moving average price of $24.95 and a 200-day moving average price of $27.04.

Chorus Company Profile

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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 telecommunications providers, which use its network to deliver broadband, voice and other connectivity services to residential, business and public-sector customers.

Chorus’ infrastructure includes a nationwide fibre network developed through New Zealand’s Ultra-Fast Broadband initiative, as well as legacy copper assets and related network facilities.

Further Reading

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