ZTE Co. (OTCMKTS:ZTCOY – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday. 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 changing hands.
ZTE Price Performance
The business’s 50 day moving average price is $4.04 and its 200-day moving average price is $4.04. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.56. The company has a market cap of $9.32 billion, a PE ratio of 8.60 and a beta of 0.77.
About ZTE
ZTE Corporation is a China-based information and communications technology company that develops and supplies telecommunications equipment, network solutions and consumer devices. The company serves telecommunications operators, government organizations and enterprise customers with products and services spanning wireless and wireline networks, optical communications, cloud computing, data centers and network management.
ZTE’s product portfolio also includes smartphones, mobile broadband equipment and other smart devices.
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