Spark New Zealand (SPKKY) Upgraded at Zacks Investment Research

Zacks Investment Research has shares of Spark New Zealand (OTCMKTS: SPKKY) from a sell rating to a hold rating in a research report published on Thursday morning.

According to Zacks, "Spark New Zealand Limited offers digital services.The company is active in five segments: Retail, Wholesale & International, Gen-i, AAPT and Technology & Shared Services, offering fixed, mobile and Internet services, voice, interconnect, managed data and international products and services and telecommunications services The company integrates IT and telecommunications services to provide converged solutions for information and communication technologies Spark New Zealand Limited, formerly known as Telecom Corporation or New Zealand Limited, is headquartered in Auckland, New Zealand. Zeeland. "

OTCMKTS SPKKY opened Thursday at $ 13.10. The company has a market capitalization of $ 4.84 billion, a PE ratio of 15.97, a price-earnings ratio of 3.25 and a beta of 0.87. Spark New Zealand has a year low of $ 11.75 and a year of $ 14.27. The company has a current ratio of 0.91, a quick ratio of 0.82 and a debt-to-equity ratio of 0.53.

About Spark New Zealand

Spark New Zealand Limited, together with its subsidiaries, mainly supplies products and services in the area of ​​telecommunication and information and communication technology (ICT) in New Zealand. The Spark Home, Mobile & Business segment of the company offers a wide range of services and content, data and voice services in the field of fiber, wireless, copper broadband, mobile, online video entertainment and rural Wi-Fi zones for consumers and SME customers.

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