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Zacks Investment Research downgraded Spark New Zealand Ltd (ADR) (NASDAQ:SPKKY) to Sell in a report released today.

Having a price of $13.34, Spark New Zealand Ltd (ADR) (NASDAQ:SPKKY) traded 1.64% higher on the day. The last close is up 4.81% relative to the two hundred day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $13.73 and two hundred day average of $12.74. 19,660 shares of the stock traded hands, down from ann average trading volume of 24,859

Zacks Investment Research has downgraded Spark New Zealand Ltd (ADR)(NASDAQ:SPKKY) to Sell in a statement released Saturday August 20 2016.

Performance Graphic:

Spark New Zealand Ltd (ADR) (NASDAQ:SPKKY)

With a market cap of $0.0, Spark New Zealand Ltd (ADR) has a P/E of 89 with a one-year low of $9.38 and a one-year high of $14.51.

General Information About Spark New Zealand Ltd (ADR) (NASDAQ:SPKKY)

Spark New Zealand Limited is a supplier of telecommunications and digital services in New Zealand. The Company operates through three segments: Spark Home, Mobile & Business; Spark Digital, and Spark Connect. The Spark Home, Mobile & Business segment provides fixed line, mobile and Internet services to consumers and the small medium business market, and includes Spark Ventures. The Spark Digital segment integrates information technology (IT) and telecommunications services to provide converged information and communications technology (ICT) solutions for clients. The Spark Connect segment includes its network and IT operations, shared business operations and servicing of wholesale and international customers. The Company provides a range of telecommunications, and ICT products and services, including local, national, international and telephone services; data networks, broadband services and Internet television; IT services and procurement; equipment sales, and and installation services.

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