Spark New Zealand (OTCMKTS:SPKKY) Sets New 12-Month Low - Here's What Happened

Spark New Zealand Limited (OTCMKTS:SPKKY - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $8.75 and last traded at $8.79, with a volume of 301471 shares changing hands. The stock had previously closed at $8.95.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Spark New Zealand to a "hold" rating in a research report on Wednesday, July 31st.

Spark New Zealand Stock Performance

The company's fifty day moving average price is $10.25 and its two-hundred day moving average price is $12.00. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76.

Spark New Zealand Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a dividend of $0.0654 per share. The ex-dividend date was Friday, September 13th. This is an increase from Spark New Zealand's previous dividend of $0.06.

Spark New Zealand Company Profile

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.

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