TPG Telecom (ASX:TPM) Shares Cross Above 50-Day Moving Average of $7.06
TPG Telecom Ltd (ASX:TPM)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.06 and traded as high as $7.45. TPG Telecom shares last traded at $7.31, with a volume of 1,295,873 shares changing hands.
The stock has a 50 day moving average of A$7.11 and a 200-day moving average of A$6.85. The firm has a market capitalization of $7.48 billion and a P/E ratio of 43.10. The company has a debt-to-equity ratio of 51.43, a quick ratio of 0.20 and a current ratio of 0.24.
About TPG Telecom (ASX:TPM)
TPG Telecom Limited provides telecommunication services to residential users, small and medium enterprises, government, large corporate enterprises, and wholesale customers in Australia and internationally. The company offers ADSL2+, NBN, fiber optic and Ethernet broadband access, telephony services, Internet protocol television, SIM only mobile plans, and various business networking solutions.
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