Free Trial

Chorus (OTCMKTS:CHRYY) Sees Unusually-High Trading Volume - Here's Why

Chorus logo with Computer and Technology background

Key Points

  • Chorus Ltd. (OTCMKTS: CHRYY) experienced a substantial trading volume increase of 63% on Monday, with approximately 1,400 shares traded.
  • The stock price rose by 1.3% to $27.25, compared to the previous closing price of $27.15.
  • Chorus provides fixed line communications infrastructure services, including phone, broadband, and data solutions in New Zealand.
  • Five stocks we like better than Chorus.

Chorus Ltd. (OTCMKTS:CHRYY - Get Free Report) saw an uptick in trading volume on Monday . 1,400 shares traded hands during trading, an increase of 63% from the previous session's volume of 857 shares.The stock last traded at $27.25 and had previously closed at $27.15.

Chorus Stock Down 0.8%

The company's fifty day simple moving average is $25.35 and its 200 day simple moving average is $23.98.

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.

Featured Articles

Should You Invest $1,000 in Chorus Right Now?

Before you consider Chorus, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chorus wasn't on the list.

While Chorus currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.