Chorus Aviation Inc (CHR) Director Sells C$789,616.12 in Stock
Chorus Aviation Inc (TSE:CHR) Director Nowlan Kal Dayne Rebin sold 109,063 shares of the business’s stock in a transaction dated Friday, June 16th. The stock was sold at an average price of C$7.24, for a total transaction of C$789,616.12.
Nowlan Kal Dayne Rebin also recently made the following trade(s):
- On Thursday, June 15th, Nowlan Kal Dayne Rebin sold 90,405 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.30, for a total transaction of C$659,956.50.
- On Wednesday, June 14th, Nowlan Kal Dayne Rebin sold 25,000 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.35, for a total transaction of C$183,750.00.
Shares of Chorus Aviation Inc (TSE:CHR) traded up 1.66% during mid-day trading on Monday, hitting $7.34. 131,085 shares of the company’s stock traded hands. The stock has a market cap of $896.82 million and a P/E ratio of 11.12. Chorus Aviation Inc has a 1-year low of $5.70 and a 1-year high of $7.66. The stock has a 50 day moving average price of $7.42 and a 200-day moving average price of $7.26.
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A number of research firms recently commented on CHR. Canaccord Genuity reissued a “buy” rating and set a C$9.00 price objective on shares of Chorus Aviation in a report on Monday, June 5th. Scotiabank boosted their price objective on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a report on Monday, May 15th. Five research analysts have rated the stock with a buy rating, Chorus Aviation presently has an average rating of “Buy” and a consensus price target of C$8.54.
About Chorus Aviation
Chorus Aviation Inc is a Canada-based holding company, which holds various aviation interests. It operates through businesses, such as Jazz Aviation LP (Jazz), Voyageur Aviation Corp. (Voyageur) and Chorus Aviation Capital Corp. (CACC). Jazz operates through three divisions: Air Canada Express, through which Jazz provides service using the Air Canada Express brand throughout North America; Jazz Technical Services (JTS) provides maintenance, repair and overhaul (MRO) services to third parties, and Jazz division, which offers charters throughout North America with a fleet of three Bombardier aircraft and also offers airline operators services, such as ground handling, dispatching, flight load planning, training and consulting.
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