Singapore Telecommunications (OTCMKTS:SGAPY) Hits New 1-Year High – Here’s What Happened

Singapore Telecommunications Ltd. (OTCMKTS:SGAPYGet Free Report) reached a new 52-week high on Friday . The company traded as high as $40.02 and last traded at $39.81, with a volume of 2375 shares traded. The stock had previously closed at $39.30.

Singapore Telecommunications Stock Up 1.1%

The business has a 50-day moving average of $36.26 and a 200-day moving average of $34.66. The company has a current ratio of 1.20, a quick ratio of 1.15 and a debt-to-equity ratio of 0.40.

Singapore Telecommunications Company Profile

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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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