Transat A.T. (TSE:TRZ) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Transat A.T. Inc. (TSE:TRZ)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.63 and traded as low as C$2.55. Transat A.T. shares last traded at C$2.59, with a volume of 120,875 shares changing hands.

Analyst Ratings Changes

A number of research firms recently commented on TRZ. TD Securities lowered Transat A.T. from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$5.00 to C$3.00 in a research report on Wednesday, February 11th. Desjardins boosted their price objective on 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. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of C$2.83.

Transat A.T. Stock Performance

The stock has a market cap of C$105.05 million, a price-to-earnings ratio of 0.45, a P/E/G ratio of -0.04 and a beta of 0.80. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. The firm has a fifty day simple moving average of C$2.63 and a 200-day simple moving average of C$2.56.

About Transat A.T.

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.