Spark New Zealand (OTCMKTS:SPKKY) Shares Gap Down – Here’s What Happened

Spark New Zealand Ltd. (OTCMKTS:SPKKY – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $5.53, but opened at $5.36. Spark New Zealand shares last traded at $5.6075, with a volume of 1,587 shares changing hands.

Spark New Zealand Stock Up 1.4%

The company has a 50 day moving average price of $5.88 and a 200-day moving average price of $5.79. The company has a quick ratio of 1.27, a current ratio of 1.37 and a debt-to-equity ratio of 0.55.

About Spark New Zealand

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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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