Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $26.73 and traded as low as $25.8398. Chorus shares last traded at $26.69, with a volume of 2,201 shares trading hands.
Chorus Trading Up 1.7%
The firm’s 50 day moving average price is $26.73 and its two-hundred day moving average price is $25.68. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.46 and a current ratio of 0.46.
Chorus Dividend Announcement
The firm also recently declared a dividend, which was paid on Monday, October 27th. Shareholders of record on Wednesday, September 17th were given a dividend of $0.8575 per share. This represents a yield of 482.0%. The ex-dividend date of this dividend was Tuesday, September 16th.
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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