Chorus Aviation (OTCMKTS:CHRRF) Shares Down 0.4% – Here’s Why

Chorus Aviation Inc. (OTCMKTS:CHRRF) shares were down 0.4% during trading on Tuesday . The stock traded as low as $15.62 and last traded at $15.62. Approximately 100 shares traded hands during trading, a decline of 97% from the average daily volume of 3,014 shares. The stock had previously closed at $15.69.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CHRRF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Chorus Aviation in a research report on Monday, November 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chorus Aviation in a research note on Monday, November 10th. Finally, Scotiabank reissued a “sector perform” rating on shares of Chorus Aviation in a research report on Monday, November 10th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Chorus Aviation Price Performance

The company has a 50-day moving average price of $16.00 and a 200 day moving average price of $15.56.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.