Chorus Aviation (OTCMKTS:CHRRF) Trading Up 0.1% – Should You Buy?

Chorus Aviation Inc. (OTCMKTS:CHRRF)’s stock price traded up 0.1% during mid-day trading on Tuesday . The company traded as high as $15.44 and last traded at $15.44. 531 shares were traded during mid-day trading, a decline of 81% from the average session volume of 2,803 shares. The stock had previously closed at $15.42.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Chorus Aviation in a research report on Monday, November 10th. BMO Capital Markets reissued an “outperform” rating on shares of Chorus Aviation in a report on Monday, November 10th. Finally, Scotiabank reissued a “sector perform” rating on shares of Chorus Aviation in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Chorus Aviation Price Performance

The company’s fifty day simple moving average is $15.96 and its 200 day simple moving average is $15.76.

Chorus Aviation Company Profile

Chorus Aviation Inc is a Canadian-based aviation services company that operates a diversified portfolio of regional airline, aircraft leasing and flight training businesses. The company’s principal airline subsidiary, Jazz Aviation LP, provides regional flight services under capacity purchase agreements with major North American carriers, operating a fleet of turboprop and regional jet aircraft across a network of domestic and cross-border routes.

In addition to its passenger services, Chorus Aviation maintains a charter and cargo division that supports ad hoc freight transport and special-mission operations.