Singapore Telecommunications (OTCMKTS:SGAPY) Shares Cross Below 50-Day Moving Average – Time to Sell?

Singapore Telecommunications Limited (OTCMKTS:SGAPY)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $23.09 and traded as low as $22.47. Singapore Telecommunications shares last traded at $22.48, with a volume of 23,560 shares changing hands.

Singapore Telecommunications Stock Up 0.2 %

The business’s 50-day moving average price is $23.09 and its 200 day moving average price is $23.15. The company has a current ratio of 1.35, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45.

Singapore Telecommunications Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, November 25th were paid a $0.6633 dividend. This is a positive change from Singapore Telecommunications’s previous dividend of $0.56. The ex-dividend date was Monday, November 25th.

Singapore Telecommunications Company Profile

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.