Chorus Limited (OTCMKTS:CHRYY – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.26 and traded as low as $22.34. Chorus shares last traded at $22.34, with a volume of 447 shares.
Chorus Stock Performance
The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95. The business has a fifty day simple moving average of $23.26 and a 200 day simple moving average of $24.90.
Chorus Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, April 25th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.6471 per share. The ex-dividend date of this dividend is Tuesday, March 18th.
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.
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