Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $23.20, but opened at $22.0301. Chorus shares last traded at $22.0301, with a volume of 452 shares traded.
Chorus Price Performance
The company has a fifty day simple moving average of $25.30 and a 200-day simple moving average of $27.14. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 4.71.
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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