Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) shares were down 0.3% during trading on Friday. The stock traded as low as $23.14 and last traded at $23.14. Approximately 450 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 326 shares. The stock had previously closed at $23.2050.
Chorus Trading Down 0.3%
The stock’s 50-day moving average price is $25.30 and its 200-day moving average price is $27.14. The company has a debt-to-equity ratio of 4.71, a quick ratio of 0.91 and a current ratio of 0.91.
About Chorus
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 broadband and data services, rather than selling most services directly to consumers. Its customers include retail internet service providers, telecommunications companies and other businesses.
Chorus’s network includes New Zealand’s nationwide Ultra-Fast Broadband fibre infrastructure, as well as legacy copper lines and associated backhaul and transmission assets.
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