PCCW (OTCMKTS:PCCWY) Share Price Passes Above 50 Day Moving Average – Here’s Why

PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.15 and traded as high as $7.40. PCCW shares last traded at $7.40, with a volume of 250 shares changing hands.

PCCW Price Performance

The firm has a fifty day simple moving average of $7.15 and a two-hundred day simple moving average of $7.33.

PCCW Company Profile

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PCCW Limited (OTCMKTS:PCCWY) is a Hong Kong–based technology and telecommunications company offering a broad array of connectivity, media and IT solutions. Headquartered in Hong Kong, the group traces its roots to the early 2000s restructuring of the local fixed-line incumbent and has since diversified into broadband, mobile and digital media services under various subsidiaries.

The company’s consumer and enterprise businesses encompass fixed-line telephone, broadband internet access, mobile services and pay-TV.

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