Transat A.T. (TSE:TRZ) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Transat A.T. Inc. (TSE:TRZGet Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$2.64 and traded as low as C$2.55. Transat A.T. shares last traded at C$2.56, with a volume of 37,263 shares.

Analyst Ratings Changes

A number of analysts have commented on the company. National Bank Financial lowered Transat A.T. from a “sector perform” rating to an “underperform” rating and decreased their price objective for the stock from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD Securities lowered Transat A.T. from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$5.00 to C$3.00 in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Strong Sell” and a consensus price target of C$2.68.

Read Our Latest Research Report on Transat A.T.

Transat A.T. Price Performance

The company has a current ratio of 0.71, a quick ratio of 0.76 and a debt-to-equity ratio of -216.74. The business has a fifty day simple moving average of C$2.64 and a 200 day simple moving average of C$2.57. The stock has a market capitalization of C$100.68 million, a P/E ratio of 0.31, a price-to-earnings-growth ratio of -0.04 and a beta of 1.55.

Transat A.T. (TSE:TRZGet Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The company reported C($1.18) EPS for the quarter. The company had revenue of C$870.71 million for the quarter. Transat A.T. had a negative return on equity of 44.87% and a net margin of 9.74%. On average, analysts expect that Transat A.T. Inc. will post -4.3400002 earnings per share for the current year.

Transat A.T. Company Profile

(Get Free Report)

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.

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