Chorus Ltd. (OTCMKTS:CHRYY – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $27.00, but opened at $25.33. Chorus shares last traded at $25.33, with a volume of 254 shares traded.
Chorus Stock Performance
The company’s 50-day moving average is $27.57 and its two-hundred day moving average is $27.90.
Chorus Company Profile
Chorus Limited is New Zealand’s largest provider of fixed-line telecommunications infrastructure. Established in December 2011 following a demerger from Telecom New Zealand, the company owns and operates the fibre optic and copper network that forms the backbone of the country’s broadband and voice services.
Chorus specialises in wholesale network access, delivering fibre-to-the-premises (FTTP), fibre-to-the-cabinet (FTTC) and copper-based broadband connections to retail service providers such as Spark, 2degrees and Vodafone.
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