Chorus (OTCMKTS:CHRYY) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Chorus Limited (OTCMKTS:CHRYYGet Free Report)’s share price crossed 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 Up 1.5 %

The business has a fifty day moving average of $23.26 and a 200 day moving average of $24.92. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95.

Chorus Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, April 25th. Stockholders of record on Tuesday, March 18th will be paid a $0.6471 dividend. The ex-dividend date of this dividend is Tuesday, March 18th.

About Chorus

(Get Free Report)

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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