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Chorus (OTCMKTS:CHRYY) Stock Price Up 2.8% - Here's What Happened

Chorus logo with Computer and Technology background

Chorus Limited (OTCMKTS:CHRYY - Get Free Report) rose 2.8% during mid-day trading on Wednesday . The stock traded as high as $25.69 and last traded at $25.69. Approximately 268 shares changed hands during trading, a decline of 59% from the average daily volume of 649 shares. The stock had previously closed at $25.00.

Chorus Trading Down 2.6%

The business's 50 day moving average is $23.49 and its 200-day moving average is $23.71. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.95.

Chorus Company Profile

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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.

Further Reading

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