Chorus (OTCMKTS:CHRYY) Stock Rating Upgraded by UBS Group

Chorus (OTCMKTS:CHRYY) was upgraded by equities research analysts at UBS Group from a “strong sell” rating to a “hold” rating in a research note issued to investors on Sunday, Zacks.com reports.

Chorus Trading Up 7.0 %

CHRYY stock opened at $26.84 on Friday. The company’s 50 day moving average is $26.02 and its two-hundred day moving average is $23.67. Chorus has a twelve month low of $19.95 and a twelve month high of $28.24. The company has a debt-to-equity ratio of 4.95, a current ratio of 0.37 and a quick ratio of 0.37.

About Chorus

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.