ValuEngine Upgrades Chorus (CHRYY) to “Buy”
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.
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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