Transat A.T. (TSE:TRZ) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Transat A.T. Inc. (TSE:TRZ) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.52 and traded as low as C$2.44. Transat A.T. shares last traded at C$2.53, with a volume of 137,698 shares trading hands.

Analysts Set New Price Targets

A number of analysts recently weighed in on TRZ shares. TD Securities downgraded Transat A.T. from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$5.00 to C$3.00 in a research report on Wednesday, February 11th. Desjardins lifted their price target on shares of Transat A.T. from C$3.00 to C$3.30 and gave the stock a “hold” rating in a research note on Tuesday, December 23rd. Three analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Transat A.T. currently has an average rating of “Reduce” and a consensus price target of C$2.83.

Transat A.T. Price Performance

The stock has a 50 day moving average price of C$2.51 and a 200-day moving average price of C$2.49. The stock has a market capitalization of C$102.72 million, a P/E ratio of 0.31, a PEG ratio of -0.04 and a beta of 0.74. The company has a debt-to-equity ratio of -216.74, a current ratio of 0.71 and a quick ratio of 0.76.

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

Transat A.T. Company Profile

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.