ZTE Co. (OTCMKTS:ZTCOY – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday. 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 Trading Up 6.3%
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 capitalization of $9.32 billion, a PE ratio of 8.60 and a beta of 0.77. The stock’s 50 day moving average is $4.04 and its two-hundred day moving average is $4.04.
About ZTE
ZTE Corporation is a Chinese information and communications technology company headquartered in Shenzhen, China. Founded in 1985, the company develops and supplies telecommunications equipment, network infrastructure and technology solutions for telecom operators, governments, enterprises and consumers.
Its product portfolio includes wireless and wireline network equipment, 5G and other mobile communication technologies, optical and broadband access systems, network cores, data-center infrastructure, servers, cloud-computing platforms and cybersecurity solutions.
See Also
- Five stocks we like better than ZTE
- Liberty Energy’s AI Power Push Has Wall Street Divided
- Why Valley National Is Buying Growth Instead of Building It
- Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
- 3 Income Stocks Under $30 That Yield More Than the 10-Year Treasury Note
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.
