PCCW (OTCMKTS:PCWLF) Reaches New 1-Year Low – Here’s Why

PCCW Ltd. (OTCMKTS:PCWLF – Get Free Report)’s stock price hit a new 52-week low during trading on Friday. The company traded as low as $0.6148 and last traded at $0.6148, with a volume of 1000 shares. The stock had previously closed at $0.6659.

PCCW Stock Down 7.7%

The firm’s 50 day moving average is $0.69 and its two-hundred day moving average is $0.72.

PCCW Company Profile

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PCCW Limited is a Hong Kong-based telecommunications, media and technology company. Through its businesses and strategic investments, the company provides fixed-line and mobile telecommunications, broadband internet, enterprise communications, information technology and digital services.

PCCW is the parent company of HKT, one of Hong Kong’s major telecommunications providers. HKT offers mobile and fixed-line services, broadband, pay television, smart-home products, cloud computing, cybersecurity and other technology solutions to consumers, businesses and public-sector customers.

The company also operates media and entertainment businesses, including the NOW TV and ViuTV platforms, and provides digital streaming services through Viu.

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