Chorus (OTCMKTS:CHRYY) Sees Large Volume Increase - Time to Buy?

Key Points

• Chorus Ltd. saw a significant increase in trading volume, with 1,200 shares traded, representing a 93% surge from the previous session.
• The stock's last traded price was $25.50, up from a previous closing price of $24.16.
• Chorus Limited provides fixed line communications infrastructure services in New Zealand, including phone and broadband services for both residential and business customers.

Shares of Chorus Ltd. (OTCMKTS:CHRYY - ) saw an uptick in trading volume on Tuesday . 1,200 shares traded hands during mid-day trading, an increase of 93% from the previous session's volume of 621 shares.The stock last traded at $25.50 and had previously closed at $24.16.

Chorus Trading Up 2.3%

The business's fifty day moving average price is $24.72 and its 200-day moving average price is $23.71.

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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