Telstra (OTCMKTS:TLSYY) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Telstra Co. Limited (OTCMKTS:TLSYYGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.48 and traded as low as $12.15. Telstra shares last traded at $12.48, with a volume of 63,400 shares changing hands.

Telstra Stock Up 0.7%

The company’s fifty day moving average price is $12.48 and its 200-day moving average price is $12.48. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.49.

About Telstra

(Get Free Report)

Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services in Australia using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program.

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