ZTE Co. (OTCMKTS:ZTCOY – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.04 and traded as high as $4.08. ZTE shares last traded at $4.04, with a volume of 4,800 shares trading hands.
ZTE Stock Up 6.3%
The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.77. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average price of $4.04 and a two-hundred day moving average price of $4.04.
ZTE Company Profile
ZTE Corporation provides integrated communication information solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. It operates through three segments: Carriers' Networks, Government and Corporate Business, and Consumer Business. The Carriers' Network segment provides wireless access, wireline access, bearer systems, core networks, telecommunication software systems and services, and other technologies and product solutions for meeting carries' requirements.
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