Telstra Co. Ltd (ASX:TLS) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.55 and traded as high as $3.62. Telstra shares last traded at $3.61, with a volume of 25,435,549 shares changing hands.

The business’s 50-day moving average price is A$3.82 and its 200 day moving average price is A$3.55. The stock has a market capitalization of $42.93 billion and a PE ratio of 19.94. The company has a debt-to-equity ratio of 121.08, a quick ratio of 0.63 and a current ratio of 0.76.

The company also recently declared a Final dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th will be given a dividend of $0.08 per share. The ex-dividend date is Wednesday, August 28th. This represents a dividend yield of 2.12%. Telstra’s dividend payout ratio (DPR) is currently 55.25%.

In other news, insider Roy Chestnutt purchased 27,000 shares of Telstra stock in a transaction dated Thursday, September 5th. The stock was purchased at an average cost of A$3.59 ($2.55) per share, for a total transaction of A$97,038.00 ($68,821.28). Also, insider Nora Scheinkestel purchased 13,220 shares of Telstra stock in a transaction dated Friday, August 23rd. The shares were purchased at an average price of A$3.74 ($2.65) per share, with a total value of A$49,442.80 ($35,065.82). Insiders have bought a total of 102,220 shares of company stock valued at $379,601 over the last 90 days.

About Telstra (ASX:TLS)

Telstra Corporation Limited, together with its subsidiaries, provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Telstra Operations, and Telstra Wholesale.

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