Singapore Telecommunications (SGAPY) Projected to Post Earnings on Thursday

Singapore Telecommunications (OTCMKTS:SGAPY) is anticipated to release its results before the market opens on Thursday, November 12th. Analysts expect Singapore Telecommunications to post earnings of $0.3559 per share and revenue of $2.93 billion for the quarter.

Singapore Telecommunications Stock Down 1.1%

OTCMKTS:SGAPY opened at $31.76 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. Singapore Telecommunications has a 12 month low of $30.58 and a 12 month high of $41.20. The firm has a fifty day simple moving average of $33.37 and a 200-day simple moving average of $35.62.

Analyst Upgrades and Downgrades

Separately, Phillip Securities upgraded Singapore Telecommunications from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Singapore Telecommunications has an average rating of “Buy”.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, or Singtel, is a communications technology group headquartered in Singapore. Its services include mobile and fixed-line telecommunications, broadband internet, television and enterprise information and communications technology solutions. The company also provides businesses with services such as cloud computing, cybersecurity, managed connectivity and data centre solutions. Its operations extend beyond Singapore, including Australia through Optus, and it has investments in telecommunications operators across markets such as India, Indonesia, Thailand and the Philippines.