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

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $29.62 and traded as high as $30.20. Singapore Telecommunications shares last traded at $30.13, with a volume of 34,342 shares traded.

Singapore Telecommunications Trading Down 2.4%

The company has a debt-to-equity ratio of 0.39, a current ratio of 0.98 and a quick ratio of 0.94. The business’s 50-day moving average price is $29.62 and its 200-day moving average price is $26.11.

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.