Transat A.T. Inc. (TSE:TRZ – Get Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.88 and traded as low as C$3.51. Transat A.T. shares last traded at C$3.52, with a volume of 14,820 shares.
Analyst Upgrades and Downgrades
A number of research firms recently commented on TRZ. National Bankshares cut their price objective on Transat A.T. from C$3.25 to C$3.00 in a research note on Friday, March 15th. CIBC cut their price objective on Transat A.T. from C$3.00 to C$2.90 in a research note on Friday, March 15th. Finally, TD Securities cut their price objective on Transat A.T. from C$5.50 to C$3.75 and set a “hold” rating on the stock in a research note on Monday, March 18th.
Check Out Our Latest Stock Report on Transat A.T.
Transat A.T. Stock Performance
Transat A.T. (TSE:TRZ – Get Free Report) last issued its quarterly earnings results on Wednesday, March 13th. The company reported C($2.11) earnings per share (EPS) for the quarter, missing the consensus estimate of C($1.01) by C($1.10). The business had revenue of C$785.50 million during the quarter, compared to analysts’ expectations of C$815.50 million. As a group, equities research analysts expect that Transat A.T. Inc. will post -4.3400002 EPS for the current fiscal year.
Transat A.T. Company Profile
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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