Spark New Zealand Ltd (ASX:SPK)’s stock price dropped 1.2% on Wednesday . The company traded as low as A$4.08 ($2.89) and last traded at A$4.08 ($2.89), approximately 769,458 shares changed hands during trading. A decline of 27% from the average daily volume of 1,060,000 shares. The stock had previously closed at A$4.13 ($2.93).
The company has a market capitalization of $7.60 billion and a PE ratio of 28.33. The company has a quick ratio of 0.71, a current ratio of 0.97 and a debt-to-equity ratio of 140.55. The company has a 50-day moving average price of A$4.16 and a two-hundred day moving average price of A$3.80.
Spark New Zealand Company Profile (ASX:SPK)
Spark New Zealand Limited, together with its subsidiaries, provides telecommunications, and information and communications technology (ICT) products and services primarily in New Zealand. The company's Spark Home, Mobile & Business segment offers a range of services and content, data, and voice services across fiber, wireless, and copper broadband, mobile, online video entertainment, and nationwide Wi-Fi zones to consumer and small business customers.
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