Singapore Telecommunications (OTCMKTS:SGAPY) Hits New 12-Month High – Still a Buy?

Singapore Telecommunications Limited (OTCMKTS:SGAPY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $28.49 and last traded at $28.27, with a volume of 173699 shares. The stock had previously closed at $27.26.

Singapore Telecommunications Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 0.92 and a quick ratio of 0.89. The stock has a fifty day simple moving average of $25.53 and a 200-day simple moving average of $24.18.

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.