Shares of Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 10,096 shares changed hands during mid-day trading, an increase of 852% from the previous session’s volume of 1,060 shares.The stock last traded at $27.8553 and had previously closed at $27.65.
Chorus Trading Up 0.7%
The business’s 50-day moving average is $27.94 and its two-hundred day moving average is $27.96.
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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