Chorus (OTCMKTS:CHRYY) Trading 1.5% Higher – Here’s Why

by · The Markets Daily

Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) shares were up 1.5% during trading on Monday . The company traded as high as $26.45 and last traded at $26.45. Approximately 133 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 239 shares. The stock had previously closed at $26.05.

Chorus Stock Up 1.5%

The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 8.05. The firm’s 50-day moving average price is $25.90 and its two-hundred day moving average price is $26.11.

Chorus Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 27th. Shareholders of record on Wednesday, September 17th were issued a $0.8575 dividend. This represents a yield of 482.0%. The ex-dividend date of this dividend was Tuesday, September 16th.

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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