Singapore Telecommunications (OTCMKTS:SGAPY) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of Singapore Telecommunications Limited (OTCMKTS:SGAPY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $23.47 and traded as high as $26.06. Singapore Telecommunications shares last traded at $25.22, with a volume of 20,678 shares traded.

Singapore Telecommunications Stock Down 2.7 %

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.89 and a current ratio of 0.92. The company’s 50 day simple moving average is $23.50 and its two-hundred day simple moving average is $23.64.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.