Chorus Limited (OTCMKTS:CHRYY – Get Free Report) shares were down 3.6% on Monday . The company traded as low as $20.85 and last traded at $21.22. Approximately 1,606 shares traded hands during trading, an increase of 104% from the average daily volume of 787 shares. The stock had previously closed at $22.00.
Chorus Price Performance
The firm’s 50-day simple moving average is $22.91 and its 200-day simple moving average is $23.05.
Chorus Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.4714 per share. The ex-dividend date was Monday, March 18th.
Chorus Company Profile
Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and asymmetric digital subscriber line and high-speed digital subscriber line broadband services, as well as solutions for transport and infrastructure.
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