Chorus Aviation (OTCMKTS:CHRRF) Trading 2.8% Higher – What’s Next?

Chorus Aviation Inc. (OTCMKTS:CHRRF)’s share price rose 2.8% on Tuesday . The stock traded as high as $15.97 and last traded at $15.97. Approximately 900 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 2,927 shares. The stock had previously closed at $15.54.

Wall Street Analysts Forecast Growth

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

Chorus Aviation Stock Performance

The company has a fifty day simple moving average of $16.16 and a 200-day simple moving average of $15.72.

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.