Transat A.T. Inc. (TSE:TRZ - Get Free Report) rose 11.2% on Tuesday . The stock traded as high as C$2.49 and last traded at C$2.49. Approximately 258,347 shares traded hands during mid-day trading, an increase of 437% from the average daily volume of 48,149 shares. The stock had previously closed at C$2.24.
Wall Street Analysts Forecast Growth
TRZ has been the topic of several analyst reports. TD Securities raised Transat A.T. from a "hold" rating to a "strong-buy" rating and increased their target price for the stock from C$1.75 to C$4.75 in a research report on Friday, June 6th. Desjardins dropped their target price on Transat A.T. from C$2.25 to C$2.00 in a research report on Tuesday, March 18th. Scotiabank increased their target price on Transat A.T. from C$1.75 to C$2.00 and gave the stock an "underperform" rating in a research report on Friday. Finally, National Bankshares increased their target price on Transat A.T. from C$1.50 to C$1.75 and gave the stock an "underperform" rating in a research report on Friday, June 6th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Transat A.T. currently has an average rating of "Hold" and a consensus target price of C$2.46.
View Our Latest Stock Analysis on Transat A.T.
Transat A.T. Stock Performance
The firm has a 50 day moving average of C$1.69 and a 200-day moving average of C$1.74. The stock has a market capitalization of C$95.30 million, a PE ratio of -0.82, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81.
Transat A.T. Company Profile
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Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.
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