Telstra (OTCMKTS:TLSYY) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of Telstra Co. Limited (OTCMKTS:TLSYY) crossed above its 50 day moving average during trading on Tuesday . 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.

Telstra Price Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.59 and a current ratio of 0.63. The company has a 50 day simple moving average of $12.48 and a 200-day simple moving average of $12.48.

About Telstra

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.