Transat A.T. (TSE:TRZ) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Transat A.T. Inc. (TSE:TRZ)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$2.64 and traded as low as C$2.64. Transat A.T. shares last traded at C$2.65, with a volume of 32,611 shares trading hands.

Analyst Ratings Changes

Separately, Desjardins lifted their price objective on shares of Transat A.T. from C$3.00 to C$3.30 and gave the stock a “hold” rating in a research note on Tuesday, December 23rd. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of C$3.33.

Transat A.T. Stock Up 0.4%

The company has a market cap of C$107.49 million, a P/E ratio of 0.46, a PEG ratio of -0.04 and a beta of 0.80. The stock has a 50-day moving average of C$2.64 and a 200 day moving average of C$2.56. The company has a debt-to-equity ratio of -241.60, a current ratio of 0.81 and a quick ratio of 0.76.

Transat A.T. Company Profile

Air Transat is a leading travel brand voted 2025 World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the east coast of the United States, South America and North Africa. Air Transat is recognized for its excellent customer service. Its fleet includes some of the most energy-efficient aircraft in their category. Based in Montreal with major hubs in YUL Montréal-Trudeau International Airport and Toronto Pearson Airport (YYZ), it has 5,000 employees with a common purpose to bring people closer together.