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

Singapore Telecommunications Limited (OTCMKTS:SGAPY) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $23.17 and traded as high as $25.26. Singapore Telecommunications shares last traded at $25.25, with a volume of 16,641 shares.

Singapore Telecommunications Stock Performance

The business has a 50-day moving average price of $23.17 and a 200-day moving average price of $23.51. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37.

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.