Jolene Mahody Sells 6,100 Shares of Chorus Aviation Inc (CHR) Stock
Chorus Aviation Inc (TSE:CHR) insider Jolene Mahody sold 6,100 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were sold at an average price of C$9.78, for a total value of C$59,658.00.
Shares of Chorus Aviation Inc (TSE CHR) traded up C$0.03 during trading hours on Friday, reaching C$9.77. The company had a trading volume of 126,238 shares, compared to its average volume of 308,683. Chorus Aviation Inc has a 1-year low of C$6.42 and a 1-year high of C$9.80.
The business also recently declared a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, November 30th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date is Wednesday, November 29th. Chorus Aviation’s dividend payout ratio is currently 38.10%.
CHR has been the topic of several research reports. CIBC upped their target price on Chorus Aviation from C$8.75 to C$9.50 in a research report on Friday, October 13th. Canaccord Genuity upped their target price on Chorus Aviation from C$9.00 to C$9.25 in a research report on Friday, August 11th. TD Securities upped their target price on Chorus Aviation from C$8.50 to C$9.50 and gave the company a “buy” rating in a research report on Friday, August 11th. Scotiabank upped their target price on Chorus Aviation from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research report on Thursday, November 9th. Finally, Royal Bank Of Canada decreased their target price on Chorus Aviation from C$11.00 to C$9.50 and set an “outperform” rating on the stock in a research report on Thursday, November 9th. Six equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average target price of C$9.71.
About Chorus Aviation
Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.
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