The stock of Spark New Zealand Ltd (ASX:SPK) is a huge mover today! The stock increased 1.59% or $0.05 on November 18, hitting $3.2. About 835,305 shares traded hands. Spark New Zealand Ltd (ASX:SPK) has risen 1.59% since April 22, 2016 and is uptrending. It has underperformed by 2.84% the S&P500.
The move comes after 6 months positive chart setup for the $5.83B company. It was reported on Nov, 18 by Barchart.com. We have $4.16 PT which if reached, will make ASX:SPK worth $1.75B more.
More important recent Spark New Zealand Ltd (ASX:SPK) news were published by: Fool.com.Au which released: “Is Spark New Zealand Ltd a Dividend Aristocrat?” on August 18, 2016, also Fool.com.Au published article titled: “Is Spark New Zealand Ltd good value?”, Fool.com.Au published: “Why Spark New Zealand Ltd could be a better bet than Telstra Corporation Ltd” on June 24, 2016. More interesting news about Spark New Zealand Ltd (ASX:SPK) was released by: Reuters.com and their article: “Spark New Zealand opposes Sky Network-Vodafone tie-up” with publication date: August 15, 2016.
Spark New Zealand Limited is a supplier of telecommunications and digital services in New Zealand. The company has a market cap of $5.83 billion. The Firm operates through three divisions: Spark Home, Mobile & Business; Spark Digital, and Spark Connect. It has a 16.85 P/E ratio. The Spark Home, Mobile & Business segment provides fixed line, mobile and Internet services to clients and the small medium business market, and includes Spark Ventures.