Spark New Zealand Ltd. (OTCMKTS:SPKKY – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,127 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,093 shares, the short-interest ratio is presently 0.1 days.
Spark New Zealand Price Performance
Shares of OTCMKTS:SPKKY opened at $5.50 on Friday. Spark New Zealand has a 52-week low of $5.07 and a 52-week high of $7.05. The stock’s fifty day simple moving average is $5.74 and its 200-day simple moving average is $5.95. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.27 and a current ratio of 1.37.
Spark New Zealand Company Profile
Spark New Zealand is a telecommunications and digital services company serving consumers, businesses and government customers in New Zealand. The company provides mobile and fixed-line connectivity, broadband and voice services, along with related digital products and support.
Through its business operations, Spark offers information and communications technology services such as cloud computing, managed networks, cybersecurity, collaboration tools and data-center solutions. It also provides entertainment and other digital services to residential customers through its telecommunications and broadband offerings.
The company was established as Telecom New Zealand following the deregulation of New Zealand’s telecommunications sector and was rebranded as Spark New Zealand in 2014.
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