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CTT

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.2877$
  • Previous Close
    0.2801$
  • 52 Week Change
    2.49$
  • Day Range
    0.01$
  • 52 Week High/Low
    0.25$ - 2.74$
  • Dividend Per Share
    --
  • Market cap
    104 M$
  • EPS
    0
  • Beta
    2.639
  • Volume
    --

About

CTT.AU is the stock ticker symbol for Chorus Limited, a New Zealand-based telecommunications infrastructure company, as listed on the Australian Securities Exchange (ASX). Chorus is primarily responsible for building and maintaining the majority of New Zealand's fibre optic network, as well as its copper network. The company's core business involves providing wholesale telecommunications services to retail service providers (e.g., internet providers) who then sell these services to end customers. Chorus does not directly sell services to consumers or businesses.
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Factors

Company Performance: Strong financial results, like increased revenue and profits, often lead to a higher stock price, while losses can depress it.

Industry Trends: Positive developments in the construction technology sector can boost investor confidence in CTT.AU, while negative trends can have the opposite effect.

Market Sentiment: Overall market optimism or pessimism impacts all stocks. A bullish market usually lifts CTT.AU, while a bearish one drags it down.

Economic Conditions: Factors like interest rates, inflation, and economic growth influence investor behavior and CTT.AU's performance.

Regulatory Environment: Changes in building codes, safety regulations, or environmental policies can impact CTT.AU's business model and stock price.

Competition: The competitive landscape in the construction technology market affects CTT.AU's market share and profitability.

Technological Innovation: CTT.AU's ability to innovate and adopt new technologies influences its future growth prospects and investor appeal.

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