ValuEngine cut shares of ZTE (OTCMKTS:ZTCOY) from a buy rating to a hold rating in a report released on Wednesday.

ZTE (OTCMKTS:ZTCOY) opened at $7.45 on Wednesday. The stock has a market capitalization of $2,700.00, a price-to-earnings ratio of 22.34 and a beta of 0.80. ZTE has a one year low of $3.26 and a one year high of $8.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.88 and a current ratio of 1.17.

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ZTE Company Profile

ZTE Corporation provides telecommunications and information technology worldwide. It operates through three segments: CarriersÂ’ Networks, Consumer Business, and Government & Corporate Business. The company offers wireless products, such as base stations, network optimization tools, controllers, GoTa products, network management products, and microwave products; optical transmission products, including WDM-OTN and NG-SDH/MSTP; and data communication products that comprise Ethernet switch, IPTN, router and BMSG, and SDN and NFV products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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