ValuEngine upgraded shares of Chorus (OTCMKTS:CHRYY) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

Chorus (OTCMKTS:CHRYY) opened at $14.32 on Friday. Chorus has a 1-year low of $13.21 and a 1-year high of $16.99. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.77 and a current ratio of 0.77.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, April 27th. Investors of record on Monday, March 19th will be given a $0.304 dividend. The ex-dividend date is Friday, March 16th.

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About Chorus

Chorus Limited provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services over copper and fiber networks for residential and business customers; very high speed digital subscriber line broadband services for high-end residential users and small businesses; and voice-only services on its network.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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