ZTE (OTCMKTS:ZTCOY) Stock Crosses Above 200-Day Moving Average of $4.04

ZTE Co. (OTCMKTS:ZTCOY) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

ZTE Stock Performance

The company has a 50-day moving average price of $4.04 and a two-hundred day moving average price of $4.04. The stock has a market capitalization of $9.32 billion, a P/E ratio of 8.60 and a beta of 0.77. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.56.

About ZTE

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.