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Macquarie reported on Zegona Communications Plc (LON:ZEG), raising its target price to 150.00GBX earlier today

Yesterday Zegona Communications Plc (LON:ZEG) traded 0.00% even at 115.00GBX. The company’s 50-day moving average is 108.64GBX and its 200-day moving average is 118.66GBX. The last closing price is down -3.08% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 237 shares of the stock were exchanged, down from an average trading volume of 268,146

Macquarie bumped up the target of Zegona Communications Plc (LON:ZEG) to 150.00GBX stating a potential upside of 0.30%.

See Chart Below

Zegona Communications Plc (LON:ZEG)

Zegona Communications Plc has a 52 week low of 98.50GBX and a 52 week high of 145.00GBX The company’s market cap is currently 0 GBX.

About Zegona Communications Plc (LON:ZEG)

Zegona Communications plc is a United Kingdom-based company focusing on network-based communications and entertainment opportunities. The Company's segments include Telecable Group and Central Costs. The Telecable Group represents the operational side of telecommunications business of the Company, whereas the Central Costs Segment incorporates the remaining subsidiaries, which represent the administrative segment of the Company and are mainly cost bearing entities and holding companies. The Company is engaged in acquiring businesses in the European telecommunications, media and technology sector. Telecable de Asturias, S.A. (Telecable) is a subsidiary of the Company. Telecable is a television, fixed and mobile telephony, broadband and advanced business solutions provider for the Asturias region in northern Spain. The Company's other subsidiaries include Zegona Limited, Zegona (Lux) S.A.R.L, Zegona (Ireland) Limited, Parselaya S.L. and Telecable Capital Holding, S.L.U.

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