Telstra (OTCMKTS:TLSYY) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Telstra Co. Limited (OTCMKTS:TLSYYGet Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.48 and traded as high as $12.65. Telstra shares last traded at $12.48, with a volume of 63,400 shares.

Telstra Price Performance

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

Telstra Company Profile

(Get Free Report)

Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services in Australia using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program.

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