PCCW (OTCMKTS:PCCWY) Shares Gap Up – Here’s Why

PCCW Ltd. (OTCMKTS:PCCWY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $6.3125, but opened at $6.77. PCCW shares last traded at $6.77, with a volume of 349 shares changing hands.

PCCW Stock Performance

The stock has a fifty day simple moving average of $6.52 and a two-hundred day simple moving average of $7.12. The company has a debt-to-equity ratio of 17.27, a current ratio of 0.57 and a quick ratio of 0.35.

PCCW Company Profile

PCCW Limited is a Hong Kong-based telecommunications, media and technology company. Its businesses include telecommunications services through HKT, such as fixed-line, mobile, broadband and pay-TV services, as well as enterprise connectivity and technology solutions offered through PCCW Global and its other technology operations. The company also produces and distributes television and digital entertainment. Its media businesses include Now TV in Hong Kong and Viu, a streaming service available in multiple international markets, with programming that includes Asian dramas and other entertainment content.