Colin Copp Acquires 4,980 Shares of Chorus Aviation Inc. (TSE:CHR) Stock

Chorus Aviation Inc. (TSE:CHR) Senior Officer Colin Copp bought 4,980 shares of Chorus Aviation stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of C$20.12 per share, with a total value of C$100,197.60.

Chorus Aviation Stock Performance

Shares of TSE CHR traded up C$0.10 during mid-day trading on Friday, hitting C$20.12. The company had a trading volume of 33,141 shares, compared to its average volume of 60,680. The firm has a market cap of C$546.47 million, a P/E ratio of -33.21, a PEG ratio of 0.65 and a beta of 2.14. The company has a debt-to-equity ratio of 118.79, a current ratio of 1.13 and a quick ratio of 0.53. Chorus Aviation Inc. has a 12 month low of C$13.93 and a 12 month high of C$24.08. The business’s 50-day simple moving average is C$7.59 and its 200-day simple moving average is C$4.55.

Analyst Upgrades and Downgrades

CHR has been the subject of a number of research analyst reports. TD Securities upgraded Chorus Aviation from a “hold” rating to a “buy” rating and increased their target price for the company from C$25.00 to C$27.00 in a report on Friday, February 21st. CIBC upped their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research note on Friday, February 21st. Finally, BMO Capital Markets upped their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$8.75.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.