Chorus Aviation Inc (TSE:CHR) insider Jolene Mahody sold 193,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of C$8.15, for a total value of C$1,572,950.00.
Jolene Mahody also recently made the following trade(s):
- On Thursday, August 24th, Jolene Mahody sold 57,000 shares of Chorus Aviation stock. The stock was sold at an average price of C$8.15, for a total value of C$464,550.00.
Shares of Chorus Aviation Inc (TSE:CHR) traded up 0.98% during trading on Friday, hitting $8.23. The stock had a trading volume of 206,750 shares. The stock’s 50 day moving average is $8.00 and its 200-day moving average is $7.63. The company has a market cap of $1.01 billion and a PE ratio of 10.29. Chorus Aviation Inc has a 12-month low of $5.92 and a 12-month high of $12.94.
The company also recently announced a monthly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, July 31st were paid a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend was Thursday, July 27th.
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A number of research firms have weighed in on CHR. National Bank Financial raised Chorus Aviation from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$8.50 to C$10.00 in a research note on Wednesday. CIBC boosted their price objective on Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a research note on Friday, August 11th. TD Securities boosted their price objective on Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research note on Friday, August 11th. Royal Bank Of Canada boosted their price objective on Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Finally, Canaccord Genuity boosted their price objective on Chorus Aviation from C$9.00 to C$9.25 in a research note on Friday, August 11th. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of C$9.08.
Chorus Aviation Company Profile
Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.
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