Shares of Trilogy International Partners Inc (TSE:TRL) fell 6.5% during trading on Thursday . The stock traded as low as C$6.50 and last traded at C$6.50. 3,300 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 19,846 shares. The stock had previously closed at C$6.95.
Several brokerages have recently commented on TRL. TD Securities decreased their target price on Trilogy International Partners from C$10.50 to C$10.00 and set a “buy” rating for the company in a research report on Tuesday, October 3rd. Scotiabank decreased their target price on Trilogy International Partners from C$12.50 to C$11.00 and set an “outperform” rating for the company in a research report on Thursday, August 10th.
The company has a 50 day moving average of $7.30 and a 200 day moving average of $8.61. The firm’s market capitalization is $290.29 million.
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Trilogy International Partners Company Profile
Trilogy International Partners Inc, formerly Alignvest Acquisition Corporation, is a Canada-based wireless telecommunications operator. The Company provides wireless communications services through its subsidiaries in New Zealand and Bolivia. Its subsidiaries include Viva and 2degrees. Viva provides voice and a range of data services to its mobile customers over its third generation (3G)-enabled global system for mobile communications (GSM) and fourth generation (4G) long term evolution (LTE) networks.
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