Spark New Zealand (OTCMKTS:SPKKY) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• The share price of Spark New Zealand (OTCMKTS: SPKKY) crossed above its 200-day moving average of $6.92, reaching a high of $7.00 during trading.
• Despite this positive movement, the stock has recently experienced a decline of 1.1% and last traded at $6.84 with a volume of 30,949 shares.
• Additionally, Spark New Zealand announced a dividend of $0.0409 per share, set to be paid on October 14th, representing a substantial yield of 856.0%.

Spark New Zealand Ltd. (OTCMKTS:SPKKY - ) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.92 and traded as high as $7.00. Spark New Zealand shares last traded at $6.84, with a volume of 30,949 shares changing hands.

Spark New Zealand Stock Down 1.1%

The business's 50-day moving average price is $7.20 and its 200 day moving average price is $6.92. The company has a current ratio of 1.35, a quick ratio of 1.27 and a debt-to-equity ratio of 0.70.

Spark New Zealand Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Thursday, September 11th will be given a dividend of $0.0409 per share. This represents a dividend yield of 856.0%. The ex-dividend date is Wednesday, September 10th.

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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