ZTE Co. (OTCMKTS:ZTCOY – Get Free Report) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred 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 traded.
ZTE Trading Up 6.3%
The business has a 50 day simple moving average of $4.04 and a 200-day simple moving average of $4.04. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $9.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.77.
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.
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