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Chorus (OTCMKTS:CHRYY) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Chorus logo with Computer and Technology background

Chorus Limited (OTCMKTS:CHRYY - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $22.77 and traded as low as $22.55. Chorus shares last traded at $22.55, with a volume of 153 shares changing hands.

Chorus Trading Down 1.0%

The firm's fifty day moving average price is $22.89 and its two-hundred day moving average price is $23.82. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 4.95.

Chorus Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 25th. Shareholders of record on Tuesday, March 18th were paid a $0.6471 dividend. The ex-dividend date was Tuesday, March 18th.

Chorus Company Profile

(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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