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

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $36.35 and last traded at $35.45, with a volume of 24467 shares traded. The stock had previously closed at $35.29.

Singapore Telecommunications Trading Up 3.0%

The business’s 50-day simple moving average is $33.22 and its 200 day simple moving average is $31.68. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.94 and a current ratio of 0.98.

About Singapore Telecommunications

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.