Transat A.T. (TSE:TRZ) Shares Pass Below Fifty Day Moving Average of $4.00

Transat A.T. Inc. (TSE:TRZ - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$4.00 and traded as low as C$3.33. Transat A.T. shares last traded at C$3.40, with a volume of 23,524 shares.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. TD Securities cut their price target on shares of Transat A.T. from C$5.50 to C$3.75 and set a "hold" rating on the stock in a research report on Monday, March 18th. CIBC cut their price target on shares of Transat A.T. from C$3.00 to C$2.90 in a research report on Friday, March 15th. Finally, National Bankshares dropped their target price on shares of Transat A.T. from C$3.25 to C$3.00 in a report on Friday, March 15th.

Get Our Latest Stock Analysis on TRZ

Transat A.T. Price Performance

The company's fifty day moving average price is C$3.96 and its 200 day moving average price is C$3.70. The company has a market capitalization of C$131.26 million, a P/E ratio of -4.52, a PEG ratio of -0.04 and a beta of 1.38. The company has a quick ratio of 0.76, a current ratio of 0.87 and a debt-to-equity ratio of 16,969.40.

Transat A.T. (TSE:TRZ - Get Free Report) last announced its earnings results on Wednesday, March 13th. The company reported C($2.11) EPS for the quarter, missing the consensus estimate of C($1.01) by C($1.10). The firm had revenue of C$785.50 million for the quarter, compared to the consensus estimate of C$815.50 million. As a group, sell-side analysts forecast that Transat A.T. Inc. will post -4.3400002 EPS for the current year.


Transat A.T. Company Profile

(Get Free Report)

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.

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