Singapore Telecommunications (OTCMKTS:SGAPY) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Singapore Telecommunications Limited (OTCMKTS:SGAPY)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $24.69 and traded as high as $25.47. Singapore Telecommunications shares last traded at $25.36, with a volume of 12,227 shares.

Singapore Telecommunications Price Performance

The business has a fifty day simple moving average of $24.69 and a 200 day simple moving average of $24.06. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.92 and a quick ratio of 0.89.

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.