Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $28.0601, but opened at $27.00. Chorus shares last traded at $27.00, with a volume of 396 shares.
Chorus Price Performance
The firm’s 50 day simple moving average is $27.83 and its two-hundred day simple moving average is $27.97.
About Chorus
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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