PCCW (OTCMKTS:PCCWY) Stock Price Up 6.8% – Should You Buy?

PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) shares rose 6.8% during trading on Thursday . The company traded as high as $7.42 and last traded at $7.42. Approximately 228 shares traded hands during trading, a decline of 29% from the average daily volume of 320 shares. The stock had previously closed at $6.95.

PCCW Stock Up 3.2%

The business has a 50-day moving average of $7.23 and a 200-day moving average of $7.09. The company has a debt-to-equity ratio of 7.57, a current ratio of 0.70 and a quick ratio of 0.61.

About PCCW

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PCCW Limited (OTCMKTS:PCCWY) is a Hong Kong–based technology and telecommunications company offering a broad array of connectivity, media and IT solutions. Headquartered in Hong Kong, the group traces its roots to the early 2000s restructuring of the local fixed-line incumbent and has since diversified into broadband, mobile and digital media services under various subsidiaries.

The company’s consumer and enterprise businesses encompass fixed-line telephone, broadband internet access, mobile services and pay-TV.

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