Spark New Zealand (OTCMKTS:SPKKY) Sets New 12-Month Low – Time to Sell?

Spark New Zealand Limited (OTCMKTS:SPKKY)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $8.31 and last traded at $8.35, with a volume of 283996 shares trading hands. The stock had previously closed at $8.72.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Spark New Zealand to a “hold” rating in a research note on Wednesday, July 31st.

Spark New Zealand Stock Up 4.1 %

The company’s 50 day simple moving average is $9.20 and its 200 day simple moving average is $11.27. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.01 and a quick ratio of 0.93.

Spark New Zealand Company Profile

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.