Singapore Telecommunications (OTCMKTS:SGAPY) Sets New 1-Year High – Time to Buy?

Shares of Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $39.12 and last traded at $37.90, with a volume of 9513 shares traded. The stock had previously closed at $37.48.

Singapore Telecommunications Stock Up 0.3%

The company has a quick ratio of 1.15, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The company has a 50 day moving average of $35.68 and a two-hundred day moving average of $34.22.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited (OTCMKTS: SGAPY), commonly known as Singtel, is a Singapore-based telecommunications and information communications technology (ICT) group. The company’s core consumer services include mobile and fixed-line telephony, broadband internet, and pay-TV and content distribution. Singtel also provides a range of enterprise solutions such as managed services, cloud and data center offerings, cybersecurity, Internet of Things (IoT) connectivity and systems integration for corporate and public-sector customers.

Beyond its domestic market, Singtel operates as a regional hub through subsidiaries and strategic investments.