ValuEngine cut shares of ZTE (OTCMKTS:ZTCOY) from a buy rating to a hold rating in a research report sent to investors on Wednesday, March 7th.
Shares of ZTE (ZTCOY) traded up $0.04 during trading on Wednesday, hitting $7.41. The stock had a trading volume of 635 shares, compared to its average volume of 1,472. The stock has a market cap of $15,533.85, a PE ratio of 23.16 and a beta of 0.97. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 0.05. ZTE has a 12-month low of $3.49 and a 12-month high of $8.13.
ZTE (OTCMKTS:ZTCOY) last issued its quarterly earnings results on Thursday, February 1st. The technology company reported $0.05 earnings per share (EPS) for the quarter. ZTE had a return on equity of 10.57% and a net margin of 4.18%. The firm had revenue of $4.87 billion during the quarter. equities analysts expect that ZTE will post 0.43 EPS for the current year.
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ZTE Corporation provides telecommunications and information technology worldwide. It operates through three segments: Carriers Networks, Consumer Business, and Government & Corporate Business. The company offers wireless products, such as base stations, network optimization tools, controllers, GoTa products, network management products, and microwave products; optical transmission products, including WDM-OTN and NG-SDH/MSTP; and data communication products that comprise Ethernet switch, IPTN, router and BMSG, and SDN and NFV products.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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