Telstra (OTCMKTS:TLSYY) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

by · The Markets Daily

Shares of Telstra Co. Limited (OTCMKTS:TLSYY – Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.

Telstra Stock Performance

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

Telstra Company Profile

(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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