Singapore Telecommunications (OTCMKTS:SGAPY) Share Price Passes Above Fifty Day Moving Average - Here's Why

Singapore Telecommunications logo with Utilities background

Singapore Telecommunications Limited (OTCMKTS:SGAPY - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $23.00 and traded as high as $24.06. Singapore Telecommunications shares last traded at $24.05, with a volume of 30,629 shares changing hands.

Singapore Telecommunications Stock 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 $23.11 and a 200-day moving average price of $23.47.

Singapore Telecommunications Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, November 25th were given a $0.6633 dividend. The ex-dividend date was Monday, November 25th. This is a boost from Singapore Telecommunications's previous dividend of $0.56.

About Singapore Telecommunications

(Get Free Report)

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.

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