Jolene Mahody Sells 26,500 Shares of Chorus Aviation Inc (CHR) Stock
Chorus Aviation Inc (TSE:CHR) Senior Officer Jolene Mahody sold 26,500 shares of the stock in a transaction on Thursday, May 16th. The shares were sold at an average price of C$7.45, for a total transaction of C$197,425.00. Following the completion of the transaction, the insider now owns 209,351 shares of the company’s stock, valued at approximately C$1,559,664.95.
Jolene Mahody also recently made the following trade(s):
- On Monday, March 25th, Jolene Mahody sold 26,600 shares of Chorus Aviation stock. The shares were sold at an average price of C$4.50, for a total transaction of C$119,700.00.
CHR opened at C$7.47 on Tuesday. The company has a debt-to-equity ratio of 255.76, a quick ratio of 0.44 and a current ratio of 0.65. Chorus Aviation Inc has a twelve month low of C$4.54 and a twelve month high of C$8.03. The stock has a market capitalization of $1.17 billion and a PE ratio of 15.56.
The business also recently disclosed a monthly dividend, which was paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th were issued a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend was Monday, April 29th. Chorus Aviation’s dividend payout ratio is currently 100.00%.
CHR has been the topic of several analyst reports. Scotiabank reaffirmed an “average” rating and issued a C$9.50 target price on shares of Chorus Aviation in a report on Friday, February 22nd. TD Securities upped their target price on shares of Chorus Aviation from C$9.00 to C$9.50 and gave the stock a “buy” rating in a report on Monday, February 25th. Canaccord Genuity reaffirmed a “buy” rating and issued a C$8.75 target price on shares of Chorus Aviation in a report on Tuesday, February 26th. Finally, Royal Bank of Canada lowered their target price on shares of Chorus Aviation from C$10.00 to C$9.50 and set an “outperform” rating on the stock in a report on Tuesday, February 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Chorus Aviation presently has an average rating of “Buy” and a consensus price target of C$9.46.
ILLEGAL ACTIVITY WARNING: “Jolene Mahody Sells 26,500 Shares of Chorus Aviation Inc (CHR) Stock” was published by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/jolene-mahody-sells-26500-shares-of-chorus-aviation-inc-chr-stock/3017238.html.
Chorus Aviation Company Profile
Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 694 departures per weekday to 60 destinations in Canada, as well as 18 destinations in the United States.
See Also: Different Options Trading Strategies
Receive News & Ratings for Chorus Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus Aviation and related companies with MarketBeat.com's FREE daily email newsletter.