Spark New Zealand Ltd. (OTCMKTS:SPKKY – Get Free Report) shares shot up 3.6% on Wednesday. The company traded as high as $5.64 and last traded at $5.64. Approximately 2,202 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 33,373 shares. The stock had previously closed at $5.4436.
Spark New Zealand Stock Up 0.1%
The company has a quick ratio of 1.27, a current ratio of 1.37 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average price of $5.89 and a 200 day moving average price of $5.80.
Spark New Zealand Company Profile
Spark New Zealand Limited is a telecommunications and digital services company serving consumers, businesses and government organizations across New Zealand. The company provides mobile communications, broadband and fixed-line connectivity, voice services, and related digital products.
Spark also offers information and communications technology services, including cloud solutions, managed networks, cybersecurity, data and collaboration services, and digital transformation support. Its consumer business provides mobile plans, internet access, entertainment and other connected-home services, while its business operations support organizations with communications and technology infrastructure.
The company was formerly known as Telecom New Zealand and adopted the Spark New Zealand name in 2014 as part of a broader brand and business transformation.
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