ZTE (OTCMKTS:ZTCOY) Shares Cross Above 200 Day Moving Average of $4.04

Shares of ZTE Co. (OTCMKTS:ZTCOYGet Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.

ZTE Stock Up 6.3 %

The company has a 50-day moving average price of $4.04 and a 200 day moving average price of $4.04. The firm has a market capitalization of $9.32 billion, a PE ratio of 8.60 and a beta of 0.77. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.63 and a quick ratio of 1.16.

About ZTE

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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.

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