Singapore Telecommunications (OTCMKTS:SGAPY) Sets New 1-Year High – Should You Buy?

Singapore Telecommunications Ltd. (OTCMKTS:SGAPYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $38.08 and last traded at $38.08, with a volume of 25667 shares. The stock had previously closed at $36.22.

Singapore Telecommunications Stock 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 company’s fifty day moving average price is $35.52 and its two-hundred day moving average price is $33.99.

About Singapore Telecommunications

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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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