Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $23.06 and last traded at $23.06, with a volume of 937 shares changing hands. The stock had previously closed at $24.4095.
Chorus Price Performance
The company has a 50-day moving average of $26.85 and a 200 day moving average of $27.62.
About Chorus
Chorus Limited is a New Zealand telecommunications infrastructure company that owns and operates the country’s nationwide fixed-line communications network. The company does not generally provide retail telecommunications services directly to consumers; instead, it supplies wholesale network access to internet service providers and other communications companies.
Chorus’s network supports high-speed broadband, voice, data and other digital communications services. Its infrastructure includes a nationwide fiber-optic network developed through New Zealand’s Ultra-Fast Broadband initiative, as well as remaining copper-based connections and related network assets.
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