Transat A.T. (TSE:TRZ) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Transat A.T. Inc. (TSE:TRZGet Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.86 and traded as low as C$1.83. Transat A.T. shares last traded at C$1.83, with a volume of 30,594 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. CIBC boosted their price target on shares of Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. TD Securities increased their price target on Transat A.T. from C$2.00 to C$2.25 and gave the company a “hold” rating in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of C$1.81.

Get Our Latest Stock Report on TRZ

Transat A.T. Stock Down 1.1 %

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 16,969.40. The firm’s 50 day moving average price is C$1.86 and its two-hundred day moving average price is C$1.93. The company has a market capitalization of C$71.68 million, a price-to-earnings ratio of -0.47, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50.

Transat A.T. Company Profile

(Get Free Report)

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.

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