Shares of Telstra Co. Limited (OTCMKTS:TLSYY) hit a new 52-week high during trading on Tuesday . The company traded as high as $13.24 and last traded at $13.00, with a volume of 11612 shares trading hands. The stock had previously closed at $13.04.
Separately, JPMorgan Chase & Co. raised Telstra from a “neutral” rating to an “overweight” rating in a research note on Tuesday, March 16th.
The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $30.70 billion, a P/E ratio of 25.30, a PEG ratio of 6.74 and a beta of 0.95. The business has a 50 day moving average price of $12.51 and a 200 day moving average price of $11.42.
Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication products, services, and solutions across mobiles, fixed and mobile broadband, telephony and Pay TV/IPTV, and digital content; and online self-service capabilities, as well as operates inbound and outbound call centers, owned and licensed Telstra shops, and the Telstra dealership network.
Further Reading: What are the components of an earnings report?
Receive News & Ratings for Telstra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telstra and related companies with MarketBeat.com's FREE daily email newsletter.