ZTE (OTCMKTS:ZTCOY) Shares Cross Above 200 Day Moving Average – Should You Sell?

ZTE Co. (OTCMKTS:ZTCOYGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . 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.

ZTE Price Performance

The company has a debt-to-equity ratio of 0.56, a current ratio of 1.63 and a quick ratio of 1.16. The company has a market capitalization of $9.32 billion, a P/E ratio of 8.60 and a beta of 0.77. The firm’s 50-day moving average is $4.04 and its 200-day moving average is $4.04.

ZTE Company Profile

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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.

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