Telstra (OTCMKTS:TLSYY) Shares Climb 0.7% – Should You Buy?

Telstra Co. Limited (OTCMKTS:TLSYY) rose 0.7% during mid-day trading on Friday. The company traded as high as $12.65 and last traded at $12.48. Approximately 63,400 shares changed hands during trading, an increase of 10% from the average daily volume of 57,793 shares. The stock had previously closed at $12.39.

Telstra Stock Up 0.7%

The firm’s 50-day moving average is $12.48 and its 200-day moving average is $12.48. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.63 and a quick ratio of 0.59.

About Telstra

Telstra is an Australian telecommunications and technology company headquartered in Melbourne. It provides mobile and fixed-line communications, broadband, voice and data services, along with related digital services for consumers, businesses and government customers. The company also supplies network and technology solutions to organizations, including services in areas such as cloud computing, cybersecurity and the Internet of Things. Its operations are centered on Australia, and it provides international connectivity and wholesale services through its networks and partnerships.