Zegona Communications plc (LON:ZEG - Get Free Report) shares traded down 0.3% during trading on Wednesday . The stock traded as low as GBX 726 ($9.74) and last traded at GBX 738 ($9.90). 266,397 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 489,853 shares. The stock had previously closed at GBX 740 ($9.93).
Zegona Communications Price Performance
The company has a market capitalization of £6.82 billion, a PE ratio of -61.03 and a beta of 2.80. The stock has a 50-day simple moving average of GBX 716.46 and a 200 day simple moving average of GBX 616.24.
Zegona Communications Company Profile
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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.
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