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Chorus (OTCMKTS:CHRYY) Hits New 1-Year Low - Here's What Happened

Chorus logo with Computer and Technology background

Chorus Limited (OTCMKTS:CHRYY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $20.70 and last traded at $21.45, with a volume of 515 shares traded. The stock had previously closed at $23.00.

Chorus Price Performance

The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95. The business's fifty day moving average is $22.91 and its two-hundred day moving average is $24.47.

Chorus Cuts Dividend

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