Singapore Telecommunications (OTCMKTS:SGAPY) Stock Passes Below 50-Day Moving Average of $19.08

Shares of Singapore Telecommunications Limited (OTCMKTS:SGAPYGet Rating) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.08 and traded as low as $18.80. Singapore Telecommunications shares last traded at $18.92, with a volume of 52,552 shares traded.

Singapore Telecommunications Price Performance

The company’s 50 day simple moving average is $19.08 and its 200 day simple moving average is $19.07. The company has a quick ratio of 0.87, a current ratio of 0.90 and a debt-to-equity ratio of 0.36.

Singapore Telecommunications Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 25th. Stockholders of record on Wednesday, August 3rd were paid a dividend of $0.3306 per share. The ex-dividend date was Tuesday, August 2nd. This is a boost from Singapore Telecommunications’s previous dividend of $0.31. This represents a dividend yield of 3.38%.

About Singapore Telecommunications

(Get Rating)

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, Europe, and internationally. The company engages in the carriage business, including mobile, pay television, fixed broadband, voice, and content and digital services, as well as equipment sales; digital media and advertising services; integrated information and communications technology solutions, such as cloud computing, multi-access edge computing, software-defined network, and digital solutions; fund management services to enterprise customers.

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