ZTE (OTCMKTS:ZTCOY) Share Price Crosses Above 200 Day Moving Average – What’s Next?

ZTE Co. (OTCMKTS:ZTCOY)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.04 and traded as high as $4.08. ZTE shares last traded at $4.04, with a volume of 4,800 shares traded.

ZTE Stock Up 6.3 %

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 company has a 50 day simple moving average of $4.04 and a two-hundred day simple moving average of $4.04. The firm has a market capitalization of $9.32 billion, a P/E ratio of 8.60 and a beta of 0.77.

ZTE Company Profile

ZTE Corporation provides integrated communication information solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. It operates through three segments: Carriers' Networks, Government and Corporate Business, and Consumer Business. The Carriers' Network segment provides wireless access, wireline access, bearer systems, core networks, telecommunication software systems and services, and other technologies and product solutions for meeting carries' requirements.