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Zegona Communications (LON:ZEG) Sets New 12-Month High - Time to Buy?

Zegona Communications logo with Communication Services background

Zegona Communications plc (LON:ZEG - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 855.53 ($10.72) and last traded at GBX 380 ($4.76), with a volume of 3038386 shares trading hands. The stock had previously closed at GBX 320 ($4.01).

Zegona Communications Trading Up 6.8 %

The company has a quick ratio of 6.23, a current ratio of 67.85 and a debt-to-equity ratio of 4.22. The company has a market capitalization of £2.86 billion, a PE ratio of 4,511.11 and a beta of 2.80. The stock's fifty day moving average price is GBX 331.09 and its two-hundred day moving average price is GBX 323.56.

Insiders Place Their Bets

In related news, insider Ashley G. Martin acquired 12,750 shares of Zegona Communications stock in a transaction on Thursday, December 12th. The shares were acquired at an average cost of GBX 330 ($4.14) per share, with a total value of £42,075 ($52,745.39). Company insiders own 74.68% of the company's stock.

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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