Transat A.T. Inc. (TSE:TRZ - Get Free Report) traded down 9.6% on Thursday . The stock traded as low as C$2.35 and last traded at C$2.53. 251,655 shares traded hands during mid-day trading, an increase of 303% from the average session volume of 62,488 shares. The stock had previously closed at C$2.80.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Scotiabank increased their target price on Transat A.T. from C$1.25 to C$1.75 and gave the company an "underperform" rating in a research note on Friday, June 6th. TD Securities upgraded shares of Transat A.T. from a "hold" rating to a "strong-buy" rating and increased their price target for the company from C$1.75 to C$4.75 in a research report on Friday, June 6th. National Bankshares lifted their price objective on shares of Transat A.T. from C$1.50 to C$1.75 and gave the stock an "underperform" rating in a research note on Friday, June 6th. Finally, Desjardins lowered their target price on shares of Transat A.T. from C$2.25 to C$2.00 in a research note on Tuesday, March 18th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of C$2.41.
Check Out Our Latest Research Report on Transat A.T.
Transat A.T. Stock Performance
The stock has a market capitalization of C$91.33 million, a P/E ratio of -0.79, a PEG ratio of -0.04 and a beta of 1.50. The stock's 50-day simple moving average is C$1.68 and its 200 day simple moving average is C$1.74. The company has a debt-to-equity ratio of -241.60, a current ratio of 0.81 and a quick ratio of 0.76.
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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