Spark New Zealand (OTCMKTS:SPKKY) Coverage Initiated by Analysts at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Spark New Zealand (OTCMKTS:SPKKY – Free Report) in a research note issued to investors on Monday,Zacks reports. The brokerage issued a hold rating on the technology company’s stock.

Spark New Zealand Price Performance

Shares of SPKKY stock opened at $5.87 on Monday. 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 has a 1 year low of $5.07 and a 1 year high of $7.05. The firm’s fifty day moving average price is $5.63 and its two-hundred day moving average price is $5.91.

About Spark New Zealand

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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.

Further Reading

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