Transat A.T. (TSE:TRZ) Share Price Crosses Below Fifty Day Moving Average of $3.88

Transat A.T. Inc. (TSE:TRZ) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$3.88 and traded as low as C$3.51. Transat A.T. shares last traded at C$3.52, with a volume of 14,820 shares.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TRZ. CIBC lowered their target price on Transat A.T. from C$3.00 to C$2.90 in a research note on Friday, March 15th. National Bankshares decreased their price target on shares of Transat A.T. from C$3.25 to C$3.00 in a research note on Friday, March 15th. Finally, TD Securities decreased their price target on shares of Transat A.T. from C$5.50 to C$3.75 and set a “hold” rating for the company in a research note on Monday, March 18th.

Transat A.T. Stock Down 0.6 %

The company has a market capitalization of C$136.29 million, a P/E ratio of -4.69, a PEG ratio of -0.04 and a beta of 1.38. The firm’s 50 day moving average price is C$3.88 and its two-hundred day moving average price is C$3.69. The company has a current ratio of 0.87, a quick ratio of 0.76 and a debt-to-equity ratio of 16,969.40.

Transat A.T. (TSE:TRZ) last released its earnings results on Wednesday, March 13th. The company reported C($2.11) earnings per share for the quarter, missing the consensus estimate of C($1.01) by C($1.10). The company had revenue of C$785.50 million for the quarter, compared to analyst estimates of C$815.50 million. Equities research analysts forecast that Transat A.T. Inc. will post -4.3400002 EPS for the current year.

Transat A.T. Company Profile

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.