ZTE (OTCMKTS:ZTCOY) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

ZTE Co. (OTCMKTS:ZTCOY)’s share price 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 trading hands.

ZTE Stock Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.16 and a current ratio of 1.63. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 8.60 and a beta of 0.77. The company has a fifty day moving average of $4.04 and a two-hundred day moving average of $4.04.

ZTE Company Profile

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.