Chorus Aviation (OTCMKTS:CHRRF) Shares Down 0.1% – Here’s What Happened

Shares of Chorus Aviation Inc. (OTCMKTS:CHRRF) dropped 0.1% on Thursday . The stock traded as low as $17.35 and last traded at $17.35. Approximately 200 shares traded hands during trading, a decline of 76% from the average daily volume of 822 shares. The stock had previously closed at $17.36.

Analysts Set New Price Targets

CHRRF has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Chorus Aviation in a research note on Thursday, February 19th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Chorus Aviation in a research note on Monday, May 11th. Scotiabank raised shares of Chorus Aviation from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, February 17th. Finally, TD Securities reaffirmed a “buy” rating on shares of Chorus Aviation in a research note on Tuesday, May 12th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Chorus Aviation Stock Up 0.8%

The company’s 50 day moving average price is $16.86 and its 200 day moving average price is $16.37.

About Chorus Aviation

Chorus Aviation Inc is a Canadian-based aviation services company that operates a diversified portfolio of regional airline, aircraft leasing and flight training businesses. The company’s principal airline subsidiary, Jazz Aviation LP, provides regional flight services under capacity purchase agreements with major North American carriers, operating a fleet of turboprop and regional jet aircraft across a network of domestic and cross-border routes.

In addition to its passenger services, Chorus Aviation maintains a charter and cargo division that supports ad hoc freight transport and special-mission operations.