Transat A.T. (TSE:TRZ) Share Price Passes Below 50-Day Moving Average of $3.32

Transat A.T. Inc. (TSE:TRZ – Get Rating)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$3.32 and traded as low as C$3.08. Transat A.T. shares last traded at C$3.08, with a volume of 62,813 shares.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TRZ shares. CIBC increased their price objective on shares of Transat A.T. from C$2.20 to C$2.50 and gave the stock an “underperform” rating in a research note on Friday, March 10th. TD Securities upgraded shares of Transat A.T. from a “reduce” rating to a “hold” rating and increased their price objective for the stock from C$3.00 to C$4.00 in a research note on Friday, March 10th. Finally, National Bankshares increased their target price on shares of Transat A.T. from C$2.50 to C$3.00 and gave the stock an “underperform” rating in a report on Friday, March 10th.

Transat A.T. Price Performance

The stock has a market cap of C$4.00 million, a P/E ratio of -0.26, a PEG ratio of -0.04 and a beta of 1.63. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.94 and a quick ratio of 0.76. The business’s fifty day moving average price is C$3.32 and its 200 day moving average price is C$3.07.

Transat A.T. (TSE:TRZ – Get Rating) last posted its earnings results on Wednesday, December 14th. The company reported C($2.00) EPS for the quarter, topping analysts’ consensus estimates of C($2.17) by C$0.17. The company had revenue of C$573.14 million during the quarter, compared to the consensus estimate of C$619.50 million. Sell-side analysts forecast that Transat A.T. Inc. will post -4.3400002 EPS for the current fiscal year.

Transat A.T. Company Profile

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Transat A.T. Inc operates as an integrated international tourism company in the Americas and Europe. The company offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries. It also operates outgoing tours; and involved in the retail distribution activities, such as providing advice to travelers.