Spark New Zealand (OTCMKTS:SPKKY) Reaches New 1-Year Low at $10.30

Shares of Spark New Zealand Limited (OTCMKTS:SPKKY) reached a new 52-week low during trading on Monday . The company traded as low as $10.30 and last traded at $10.33, with a volume of 312616 shares traded. The stock had previously closed at $10.31.

Analyst Upgrades and Downgrades

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

Spark New Zealand Price Performance

The stock’s 50 day moving average price is $12.35 and its two-hundred day moving average price is $13.13.

Spark New Zealand Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be issued a $0.0654 dividend. The ex-dividend date is Friday, September 13th. This is a positive change from Spark New Zealand’s previous dividend of $0.06.

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.