TRANSAT AT Inc (TRZ) Insider De Solidarité Ftq Fonds Sells 450,000 Shares

TRANSAT AT Inc (TSE:TRZ) insider De Solidarité Ftq Fonds sold 450,000 shares of the business’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of C$11.00, for a total value of C$4,950,000.00.

Shares of TRANSAT AT Inc (TSE:TRZ) traded up C$0.04 during trading hours on Friday, hitting C$11.08. The stock had a trading volume of 25,141 shares, compared to its average volume of 90,692. The company has a market capitalization of $410.79, a P/E ratio of 3.09 and a beta of 0.49. TRANSAT AT Inc has a 1 year low of C$5.03 and a 1 year high of C$11.82.

TRANSAT AT (TSE:TRZ) last announced its quarterly earnings results on Thursday, December 14th. The company reported C$1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.01 by C$0.23. TRANSAT AT had a negative return on equity of 7.84% and a negative net margin of 0.70%.

Several equities research analysts have commented on the company. National Bank Financial boosted their target price on TRANSAT AT from C$13.50 to C$15.00 and gave the stock an “outperform” rating in a report on Wednesday, December 20th. Scotiabank boosted their target price on TRANSAT AT from C$10.00 to C$10.50 and gave the stock a “sector perform” rating in a report on Friday, December 15th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$11.93.

COPYRIGHT VIOLATION NOTICE: This piece was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The original version of this piece can be read at https://www.americanbankingnews.com/2018/01/19/transat-at-inc-trz-insider-de-solidarite-ftq-fonds-sells-450000-shares.html.

TRANSAT AT Company Profile

Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.

Receive News & Ratings for TRANSAT AT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TRANSAT AT and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply