Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $27.2420, but opened at $28.00. Chorus shares last traded at $28.33, with a volume of 1,200 shares.
Chorus Price Performance
The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 8.05. The firm has a fifty day moving average price of $27.81 and a 200 day moving average price of $27.06.
Chorus Company Profile
Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.
Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.
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