Free Trial

Zegona Communications (LON:ZEG) Hits New 12-Month High - Here's Why

Zegona Communications logo with Communication Services background

Zegona Communications plc (LON:ZEG - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as GBX 434 ($5.43) and last traded at GBX 422 ($5.28), with a volume of 1419300 shares trading hands. The stock had previously closed at GBX 424 ($5.30).

Zegona Communications Stock Performance

The stock has a 50 day moving average of GBX 343.02 and a two-hundred day moving average of GBX 332.33. The stock has a market capitalization of £2.97 billion, a PE ratio of 4,688.89 and a beta of 2.80. The company has a debt-to-equity ratio of 4.22, a current ratio of 67.85 and a quick ratio of 6.23.

Insider Transactions at Zegona Communications

In other news, insider Ashley G. Martin purchased 12,750 shares of the company's stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of GBX 330 ($4.13) per share, for a total transaction of £42,075 ($52,639.81). Corporate insiders own 74.68% of the company's stock.

About Zegona Communications

(Get Free Report)

Zegona is a British company investing strategically across the Europe with the objective of acquiring businesses in the European TMT sector, using a "Buy-Fix-Sell" strategy to deliver attractive shareholder returns. The first acquisition made by Zegona was of Asturian telecommunications operator Telecable in 2015.

Featured Stories

Should You Invest $1,000 in Zegona Communications Right Now?

Before you consider Zegona Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zegona Communications wasn't on the list.

While Zegona Communications currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines