PCCW (OTCMKTS:PCCWY) Trading 8.1% Higher – Here’s Why

Shares of PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) rose 8.1% during trading on Tuesday . The stock traded as high as $7.88 and last traded at $7.88. Approximately 129 shares changed hands during trading, a decline of 47% from the average daily volume of 245 shares. The stock had previously closed at $7.29.

PCCW Stock Down 2.8%

The firm has a 50-day moving average of $7.26 and a two-hundred day moving average of $7.11. The company has a debt-to-equity ratio of 7.57, a current ratio of 0.70 and a quick ratio of 0.61.

About PCCW

(Get Free Report)

PCCW Limited (OTCMKTS:PCCWY) is a Hong Kong–based technology and telecommunications company offering a broad array of connectivity, media and IT solutions. Headquartered in Hong Kong, the group traces its roots to the early 2000s restructuring of the local fixed-line incumbent and has since diversified into broadband, mobile and digital media services under various subsidiaries.

The company’s consumer and enterprise businesses encompass fixed-line telephone, broadband internet access, mobile services and pay-TV.

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