Spark New Zealand (OTCMKTS:SPKKY) Stock Passes Above Two Hundred Day Moving Average of $13.35

Spark New Zealand Ltd (OTCMKTS:SPKKY) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.35 and traded as high as $14.40. Spark New Zealand shares last traded at $14.40, with a volume of 18,441 shares.

Separately, Zacks Investment Research cut shares of Spark New Zealand from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

The company’s 50-day moving average is $14.15 and its 200-day moving average is $13.35. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.97 and a quick ratio of 0.86. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 9.34 and a beta of 0.53.

Spark New Zealand Company Profile (OTCMKTS:SPKKY)

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications, and information and communications technology (ICT) products and services primarily in New Zealand. The company's Spark Home, Mobile & Business segment offers a range of services and content, data, and voice services across fiber, wireless, and copper broadband, mobile, online video entertainment, and nationwide Wi-Fi zones to consumer and small business customers.

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