Telstra (OTCMKTS:TLSYY) Share Price Passes Above 50-Day Moving Average – What’s Next?

Telstra Co. Limited (OTCMKTS:TLSYYGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $12.48 and traded as high as $12.65. Telstra shares last traded at $12.48, with a volume of 63,400 shares trading hands.

Telstra Trading Up 0.7 %

The business has a 50 day simple moving average of $12.48 and a 200 day simple moving average of $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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