Spark New Zealand (OTCMKTS:SPKKY) Stock Crosses Above 200 Day Moving Average of $13.62

Spark New Zealand Ltd (OTCMKTS:SPKKY) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.62 and traded as high as $14.29. Spark New Zealand shares last traded at $14.24, with a volume of 18,588 shares trading hands.

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

The company has a fifty day simple moving average of $14.26 and a two-hundred day simple moving average of $13.62. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.86 and a current ratio of 0.97. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of 19.24, a P/E/G ratio of 9.32 and a beta of 0.54.

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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