Transat A.T. (TSE:TRZ) Share Price Passes Below 50-Day Moving Average – Here’s Why

Transat A.T. Inc. (TSE:TRZ)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.64 and traded as low as C$2.64. Transat A.T. shares last traded at C$2.65, with a volume of 32,611 shares trading hands.

Analyst Ratings Changes

Separately, Desjardins raised their target price on Transat A.T. from C$3.00 to C$3.30 and gave the company a “hold” rating in a report on Tuesday, December 23rd. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of C$3.33.

Transat A.T. Stock Up 0.4%

The firm has a 50 day moving average of C$2.64 and a two-hundred day moving average of C$2.56. The stock has a market capitalization of C$107.49 million, a PE ratio of 0.46, a P/E/G ratio of -0.04 and a beta of 0.80. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60.

Transat A.T. Company Profile

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.