ZTE Co. (OTCMKTS:ZTCOY – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.04 and traded as high as $4.0750. ZTE shares last traded at $4.04, with a volume of 4,800 shares.
ZTE Stock Up 6.3%
The company has a debt-to-equity ratio of 0.56, a current ratio of 1.63 and a quick ratio of 1.16. The stock has a market cap of $9.32 billion, a P/E ratio of 8.60 and a beta of 0.77. The stock’s fifty day simple moving average is $4.04 and its 200-day simple moving average is $4.04.
About ZTE
ZTE Corporation is a China-based telecommunications and information technology company that develops and supplies network equipment, communications systems and digital technology solutions. Its offerings support mobile and fixed-line communications, including wireless access, core networks, optical transmission, broadband access and network management.
The company also provides cloud computing, data-center, server, storage and enterprise networking solutions. In addition, ZTE develops smartphones, mobile devices and related software and services for consumers, operators, government organizations and business customers.
Founded in 1985 and headquartered in Shenzhen, China, ZTE serves telecommunications operators, enterprises and public-sector customers in China and international markets.
Featured Articles
- Five stocks we like better than ZTE
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for ZTE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZTE and related companies with MarketBeat.com's FREE daily email newsletter.
