Singapore Telecommunications (OTCMKTS:SGAPY – Get Free Report) is expected to issue its results before the market opens on Thursday, November 12th. Analysts expect the company to post earnings of $0.3559 per share and revenue of $2.93 billion for the quarter.
Singapore Telecommunications Stock Performance
Shares of SGAPY opened at $32.74 on Thursday. Singapore Telecommunications has a 12 month low of $30.58 and a 12 month high of $41.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.04. The company’s fifty day moving average is $33.63 and its 200-day moving average is $35.68.
Wall Street Analysts Forecast Growth
Separately, Phillip Securities raised shares of Singapore Telecommunications from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Report on Singapore Telecommunications
About Singapore Telecommunications
Singapore Telecommunications Limited, commonly known as Singtel, is a Singapore-based communications technology group providing telecommunications and digital services to consumers, businesses and governments. Its offerings include mobile and fixed-line communications, broadband connectivity, digital television, cloud services, cybersecurity, information and communications technology solutions, and data-center services.
Singtel operates primarily in Singapore and Australia, where it owns Optus, a major telecommunications provider.
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