Chorus Limited (OTCMKTS:CHRYY – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.58 and traded as low as $22.00. Chorus shares last traded at $22.50, with a volume of 1,304 shares.
Chorus Price Performance
The business’s 50 day simple moving average is $23.58 and its 200-day simple moving average is $25.18. The company has a debt-to-equity ratio of 4.95, a quick ratio of 0.37 and a current ratio of 0.37.
Chorus Cuts Dividend
The business also recently announced 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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