Zegona Communications (LON:ZEG) Sets New 1-Year High at $348.00

Shares of Zegona Communications plc (LON:ZEGGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 348 ($4.48) and last traded at GBX 348 ($4.48), with a volume of 800734 shares trading hands. The stock had previously closed at GBX 324 ($4.17).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 450 ($5.79) target price on shares of Zegona Communications in a research note on Tuesday, May 14th.

Read Our Latest Report on Zegona Communications

Zegona Communications Trading Up 7.4 %

The firm has a market capitalization of £2.45 billion, a price-to-earnings ratio of -2,676.92 and a beta of 2.67. The firm’s 50 day moving average is GBX 272.37 and its 200 day moving average is GBX 236.18. The company has a quick ratio of 6.23, a current ratio of 67.85 and a debt-to-equity ratio of 4.22.

Zegona Communications Company Profile

(Get Free Report)

Zegona Communications plc engages in investing in telecommunications, media, and technology businesses in Europe. The company was incorporated in 2015 and is based in London, the United Kingdom.

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