Transat A.T. Inc. (TSE:TRZ – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.59 and traded as low as C$2.42. Transat A.T. shares last traded at C$2.42, with a volume of 26,824 shares traded.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on TRZ. National Bank Financial downgraded shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their price objective for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. TD cut their target price on shares of Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating for the company in a research report on Friday, June 12th. Three equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of C$2.61.
Get Our Latest Stock Analysis on Transat A.T.
Transat A.T. Stock Performance
Transat A.T. (TSE:TRZ – Get Free Report) last announced its quarterly earnings results on Thursday, June 11th. The company reported C($2.58) earnings per share (EPS) for the quarter. The firm had revenue of C$1.03 billion for the quarter. Transat A.T. had a net margin of 8.11% and a negative return on equity of 41.23%. As a group, sell-side analysts forecast that Transat A.T. Inc. will post -4.3400002 earnings per share for the current fiscal year.
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.
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