Singapore Telecommunications (OTCMKTS:SGAPY) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Singapore Telecommunications Limited (OTCMKTS:SGAPY)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $23.09 and traded as low as $22.47. Singapore Telecommunications shares last traded at $22.48, with a volume of 23,560 shares.

Singapore Telecommunications Trading Up 0.2 %

The firm has a 50 day moving average of $23.09 and a 200 day moving average of $23.15. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.45.

Singapore Telecommunications Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 16th. Investors of record on Monday, November 25th were issued a $0.6633 dividend. The ex-dividend date of this dividend was Monday, November 25th. This is a positive change from Singapore Telecommunications’s previous dividend of $0.56.

About Singapore Telecommunications

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.