The stock of Spark New Zealand Ltd (ASX:SPK) is a huge mover today! The stock increased 4.23% or $0.14 on November 30, hitting $3.45. About 1.70M shares traded hands or 82.13% up from the average. Spark New Zealand Ltd (ASX:SPK) has risen 2.07% since May 4, 2016 and is uptrending. It has underperformed by 3.16% the S&P500.
The move comes after 5 months positive chart setup for the $6.37B company. It was reported on Nov, 30 by Barchart.com. We have $3.62 PT which if reached, will make ASX:SPK worth $318.50M 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: Fool.com.Au and their article: “Why the Spark New Zealand Ltd share price is 10% higher today” with publication date: August 21, 2015.
Spark New Zealand Limited is a supplier of telecommunications and digital services in New Zealand. The company has a market cap of $6.37 billion. The Firm operates through three divisions: Spark Home, Mobile & Business; Spark Digital, and Spark Connect. It has a 18.01 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.
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