Singapore Telecommunications (OTCMKTS:SGAPY) Sets New 52-Week High – Here’s What Happened

Singapore Telecommunications Ltd. (OTCMKTS:SGAPYGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $38.08 and last traded at $38.08, with a volume of 25667 shares trading hands. The stock had previously closed at $36.22.

Singapore Telecommunications Trading Up 4.0%

The company has a debt-to-equity ratio of 0.40, a current ratio of 1.20 and a quick ratio of 1.15. The stock’s 50 day moving average is $35.52 and its two-hundred day moving average is $33.99.

About Singapore Telecommunications

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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.

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