Research analysts at The Goldman Sachs Group assumed coverage on shares of Spark New Zealand (OTCMKTS:SPKKY – Get Free Report) in a research note issued on Monday, Zacks reports. The brokerage set a “hold” rating on the technology company’s stock.
Spark New Zealand Stock Up 0.6%
Shares of SPKKY opened at $5.87 on Monday. Spark New Zealand has a one year low of $5.07 and a one year high of $7.05. The company has a 50-day moving average of $5.63 and a two-hundred day moving average of $5.91. The company has a current ratio of 1.37, a quick ratio of 1.27 and a debt-to-equity ratio of 0.55.
Spark New Zealand Company Profile
Spark New Zealand Limited is a telecommunications and digital services company serving consumers, businesses and government customers in New Zealand. Its offerings include mobile and fixed-line connectivity, broadband internet, voice services and related digital solutions. The company also provides business technology services, including cloud, cybersecurity and managed services. Its operations focus primarily on the New Zealand market. Spark traces its history to Telecom New Zealand, which was renamed Spark New Zealand in 2014.
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