Zegona Communications (LON:ZEG) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Zegona Communications plc (LON:ZEGGet Free Report) shares crossed 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 firm has a fifty day moving average of GBX 352.72 and a two-hundred day moving average of GBX 297.90. The company has a market cap of £2.31 billion, a PE ratio of 3,644.44 and a beta of 2.80. The company has a current ratio of 67.85, a quick ratio of 6.23 and a debt-to-equity ratio of 4.22.

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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