Singapore Telecommunications (OTCMKTS:SGAPY) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Singapore Telecommunications Limited (OTCMKTS:SGAPY)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.88 and traded as low as $21.91. Singapore Telecommunications shares last traded at $22.76, with a volume of 18,864 shares traded.

Singapore Telecommunications Stock Performance

The firm’s 50 day moving average is $23.39 and its two-hundred day moving average is $22.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.35.

Singapore Telecommunications Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 16th. Investors of record on Monday, November 25th were paid a dividend of $0.6633 per share. The ex-dividend date was Monday, November 25th. This is an increase from Singapore Telecommunications’s previous dividend of $0.56.

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.