UBS Group upgraded shares of Chorus (OTCMKTS:CHRYY – Free Report) from a strong sell rating to a hold rating in a report released on Sunday morning, Zacks.com reports.
Chorus Price Performance
Shares of OTCMKTS CHRYY opened at $27.00 on Friday. Chorus has a 1 year low of $19.95 and a 1 year high of $28.24. The company has a debt-to-equity ratio of 4.95, a current ratio of 0.37 and a quick ratio of 0.37. The company’s fifty day moving average price is $26.09 and its 200 day moving average price is $23.71.
Chorus Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, October 18th. Investors of record on Tuesday, September 17th will be paid a $0.7539 dividend. The ex-dividend date of this dividend is Tuesday, September 17th. This is a boost from Chorus’s previous dividend of $0.47.
About Chorus
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.
See Also
- Five stocks we like better than Chorus
- NYSE Stocks Give Investors a Variety of Quality OptionsÂ
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- Canadian Penny Stocks: Can They Make You Rich?
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- Where to Find Earnings Call Transcripts
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for Chorus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus and related companies with MarketBeat.com's FREE daily email newsletter.
