Transat A.T. Inc. (TSE:TRZ – Get Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.00 and traded as low as C$3.33. Transat A.T. shares last traded at C$3.40, with a volume of 23,524 shares.
Wall Street Analyst Weigh In
TRZ has been the topic of several recent research reports. TD Securities cut their price target on Transat A.T. from C$5.50 to C$3.75 and set a “hold” rating on the stock in a report on Monday, March 18th. National Bankshares cut their price target on Transat A.T. from C$3.25 to C$3.00 in a report on Friday, March 15th. Finally, CIBC cut their price target on Transat A.T. from C$3.00 to C$2.90 in a report on Friday, March 15th.
Get Our Latest Analysis on TRZ
Transat A.T. Stock Up 0.6 %
Transat A.T. (TSE:TRZ – Get Free Report) last posted its earnings results on Wednesday, March 13th. The company reported C($2.11) earnings per share for the quarter, missing analysts’ consensus estimates of C($1.01) by C($1.10). The firm had revenue of C$785.50 million during the quarter, compared to the consensus estimate of C$815.50 million. On average, research analysts expect that Transat A.T. Inc. will post -4.3400002 EPS for the current year.
About Transat A.T.
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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