Singapore Telecommunications (OTCMKTS:SGAPY) Reaches New 1-Year High – Here’s Why

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) shares hit a new 52-week high during trading on Thursday . The company traded as high as $35.82 and last traded at $34.03, with a volume of 2012 shares traded. The stock had previously closed at $32.40.

Singapore Telecommunications Trading Up 3.1%

The company has a quick ratio of 0.94, a current ratio of 0.98 and a debt-to-equity ratio of 0.39. The company has a 50-day simple moving average of $33.16 and a two-hundred day simple moving average of $31.55.

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.