Telstra (OTCMKTS:TLSYY) Shares Pass Above 50 Day Moving Average – What’s Next?

Telstra Co. Limited (OTCMKTS:TLSYYGet Free Report)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.48 and traded as high as $12.65. Telstra shares last traded at $12.48, with a volume of 63,400 shares changing hands.

Telstra Stock Up 0.7%

The company has a debt-to-equity ratio of 0.49, a current ratio of 0.63 and a quick ratio of 0.59. The firm’s 50-day simple moving average is $12.48 and its two-hundred day simple moving average is $12.48.

Telstra Company Profile

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Telstra Corporation Limited is a leading Australian telecommunications and technology company that provides a broad range of communications services to consumers, businesses and government organizations. Its core activities include mobile and fixed-line telephony, broadband and home internet services, and retailing of devices and customer support. Telstra also serves enterprise and wholesale customers with network solutions, managed services and connectivity products tailored for carriers, large businesses and public sector clients.

The company offers mobile voice and data plans on nationwide 4G and 5G networks, fixed broadband access (including services over the national broadband network), and bundled consumer products.

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