Transat A.T. (TSE:TRZ) Trading Up 0.7% – Should You Buy?

Transat A.T. Inc. (TSE:TRZ)’s share price traded up 0.7% on Tuesday . The company traded as high as C$2.79 and last traded at C$2.79. 10,410 shares changed hands during trading, a decline of 83% from the average session volume of 61,941 shares. The stock had previously closed at C$2.77.

Analyst Ratings Changes

Separately, Desjardins upped their price target on Transat A.T. from C$3.00 to C$3.30 and gave the company a “hold” rating in a research report on Tuesday, December 23rd. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of C$3.33.

Transat A.T. Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. The business’s 50 day moving average price is C$2.47 and its two-hundred day moving average price is C$2.57. The stock has a market cap of C$113.17 million, a P/E ratio of 0.49, a price-to-earnings-growth ratio of -0.04 and a beta of 0.98.

Transat A.T. Company Profile

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company’s core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.