Shares of Telstra Group Limited (OTCMKTS:TLGPY – Get Free Report) shot up 0.3% during trading on Thursday . The company traded as high as $19.36 and last traded at $19.19. 60,437 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 41,240 shares. The stock had previously closed at $19.13.
Telstra Group Stock Up 0.5%
The stock’s 50-day moving average price is $18.86 and its 200 day moving average price is $17.43.
Telstra Group Company Profile
Telstra Group Limited (OTCMKTS:TLGPY) is Australia’s largest telecommunications and technology company, offering a broad portfolio of services that includes fixed?line and mobile voice, broadband and data, Internet of Things (IoT) connectivity, and managed network solutions. The company operates one of the country’s most extensive mobile networks, providing 3G, 4G and 5G coverage to millions of consumers and businesses, alongside fixed and wireless broadband services for both urban and regional markets.
Headquartered in Melbourne, Telstra traces its heritage back to the Postmaster?General’s Department in the early 20th century and was later corporatized as Telecom Australia in 1975 before adopting the Telstra brand in 1995.
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