The Goldman Sachs Group began coverage on shares of Spark New Zealand (OTCMKTS:SPKKY – Free Report) in a research report sent to investors on Monday,Zacks reports. The firm issued a hold rating on the technology company’s stock.
Spark New Zealand Price Performance
Spark New Zealand stock opened at $5.87 on Monday. Spark New Zealand has a twelve month low of $5.07 and a twelve month high of $7.05. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.27 and a current ratio of 1.37. The company’s 50-day moving average price is $5.63 and its 200-day moving average price is $5.91.
About Spark New Zealand
Spark New Zealand Limited is a telecommunications and digital services company serving consumers, businesses and government customers in New Zealand. Its offerings include mobile and fixed-line connectivity, broadband internet, voice services and related digital solutions. The company also provides business technology services, including cloud, cybersecurity and managed services. Its operations focus primarily on the New Zealand market. Spark traces its history to Telecom New Zealand, which was renamed Spark New Zealand in 2014.
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