Shares of Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 4,178 shares traded hands during trading, an increase of 345% from the previous session’s volume of 939 shares.The stock last traded at $27.8550 and had previously closed at $28.45.
Chorus Price Performance
The firm has a 50-day simple moving average of $28.57 and a 200-day simple moving average of $27.86.
Chorus Company Profile
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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