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

Shares of ZTE Co. (OTCMKTS:ZTCOYGet Free Report) crossed above its 200-day moving average during trading on Thursday . 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 Stock Performance

The stock’s 50 day simple moving average is $4.04 and its two-hundred day simple moving average is $4.04. 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 stock has a market cap of $9.32 billion, a P/E ratio of 8.60 and a beta of 0.77.

ZTE Company Profile

(Get Free Report)

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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