Singapore Telecommunications (OTCMKTS:SGAPY) Hits New 52-Week High – Still a Buy?

Singapore Telecommunications Ltd. (OTCMKTS:SGAPYGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $37.65 and last traded at $36.35, with a volume of 934 shares changing hands. The stock had previously closed at $34.98.

Singapore Telecommunications Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.20 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average price of $35.56 and a 200-day moving average price of $33.88.

Singapore Telecommunications Company Profile

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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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