Zegona Communications (LON:ZEG) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Zegona Communications plc (LON:ZEGGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 352.21 ($4.61) and traded as low as GBX 350 ($4.58). Zegona Communications shares last traded at GBX 356 ($4.66), with a volume of 123,919 shares.

Zegona Communications Stock Down 0.6 %

The stock’s fifty day moving average price is GBX 352.21 and its 200 day moving average price is GBX 288.05. The stock has a market cap of £2.51 billion, a P/E ratio of 3,955.56 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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