Singapore Telecommunications (OTCMKTS:SGAPY) Sees Strong Trading Volume - Still a Buy?

Shares of Singapore Telecommunications Ltd. (OTCMKTS:SGAPY - Get Free Report) saw strong trading volume on Thursday . 466,298 shares were traded during trading, an increase of 334% from the previous session's volume of 107,507 shares.The stock last traded at $30.39 and had previously closed at $30.38.

Singapore Telecommunications Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.94 and a current ratio of 0.98. The firm has a 50 day moving average price of $29.93 and a 200 day moving average price of $26.54.

About Singapore Telecommunications

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.