ZTE Co. (OTCMKTS:ZTCOF – Get Free Report)’s share price traded up 36.3% during trading on Friday . The stock traded as high as $3.68 and last traded at $3.68. 7,831 shares were traded during mid-day trading, an increase of 654% from the average session volume of 1,038 shares. The stock had previously closed at $2.70.
ZTE Stock Up 36.3%
The company’s 50 day simple moving average is $2.83 and its 200 day simple moving average is $3.39.
ZTE Company Profile
ZTE Corporation is a global provider of telecommunications equipment and systems, offering a wide array of network solutions, smartphones and enterprise products. Headquartered in Shenzhen, China, the company develops and supplies end-to-end information and communication technology (ICT) solutions to carriers, government and corporate clients around the world.
The company’s product portfolio spans wireless networks, access and bearer networks, core networks and transport systems. ZTE also produces consumer devices such as 4G/5G smartphones, home broadband gateways, enterprise routers and Internet of Things (IoT) modules.
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