Zegona Communications (LON:ZEG) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Zegona Communications plc (LON:ZEGGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 352.72 ($4.58) and traded as low as GBX 318 ($4.13). Zegona Communications shares last traded at GBX 328 ($4.26), with a volume of 44,672 shares.

Zegona Communications Trading Down 0.6 %

The company’s 50 day moving average price is GBX 352.72 and its 200 day moving average price is GBX 297.41. The company has a market cap of £2.31 billion, a price-to-earnings ratio of 3,644.44 and a beta of 2.80. The company has a debt-to-equity ratio of 4.22, a quick ratio of 6.23 and a current ratio of 67.85.

About Zegona Communications

(Get Free Report)

Zegona Communications plc engages in investing in telecommunications, media, and technology businesses in Europe. The company was incorporated in 2015 and is based in London, the United Kingdom.

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