Zegona Communications’ (ZEG) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Zegona Communications (LON:ZEGFree Report) in a research report report published on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 450 ($5.65) price objective on the stock.

Zegona Communications Price Performance

ZEG stock opened at GBX 236 ($2.96) on Tuesday. Zegona Communications has a one year low of GBX 30.25 ($0.38) and a one year high of GBX 249.60 ($3.13). The firm has a 50-day moving average of GBX 224.52 and a two-hundred day moving average of GBX 182.63. The firm has a market capitalization of £1.66 billion, a PE ratio of -466.00 and a beta of 2.68. The company has a current ratio of 13.32, a quick ratio of 6.23 and a debt-to-equity ratio of 4.22.

About Zegona Communications

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Zegona Communications plc engages in investing in telecommunications, media, and technology businesses in Europe. The company was incorporated in 2015 and is based in London, the United Kingdom.

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