ZTE (OTCMKTS:ZTCOF) Share Price Passes Above 200-Day Moving Average – Here’s Why

Shares of ZTE Co. (OTCMKTS:ZTCOFGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.13 and traded as high as $2.75. ZTE shares last traded at $2.75, with a volume of 339 shares trading hands.

ZTE Stock Performance

The company’s fifty day moving average is $2.17 and its 200-day moving average is $2.13.

ZTE (OTCMKTS:ZTCOFGet Free Report) last released its quarterly earnings results on Wednesday, September 11th. The company reported $0.09 EPS for the quarter. The company had revenue of $4.41 billion during the quarter.

ZTE Company Profile

(Get Free Report)

ZTE Corporation engages in the provision of 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.

Further Reading

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