Singapore Telecommunications (OTCMKTS:SGAPY) Hits New 52-Week High - Time to Buy?

Singapore Telecommunications Limited (OTCMKTS:SGAPY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $28.49 and last traded at $28.27, with a volume of 173699 shares changing hands. The stock had previously closed at $27.26.

Singapore Telecommunications Price Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.89 and a current ratio of 0.92. The firm has a 50 day moving average price of $25.83 and a two-hundred day moving average price of $24.28.

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.