TPG Telecom (ASX:TPM) Stock Passes Above Fifty Day Moving Average of $6.63

TPG Telecom Ltd (ASX:TPM) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.63 and traded as high as $7.07. TPG Telecom shares last traded at $7.05, with a volume of 689,493 shares traded.

The company has a debt-to-equity ratio of 56.56, a current ratio of 0.25 and a quick ratio of 0.21. The business has a 50-day moving average of A$6.65. The firm has a market capitalization of $6.43 billion and a P/E ratio of 26.25.

TPG Telecom Company Profile (ASX:TPM)

TPG Telecom Limited provides telecommunication services to residential users, small and medium enterprises, government, large corporate enterprises, and wholesale customers in Australia and internationally. The company offers ADSL2+, NBN, fiber optic and Ethernet broadband access, telephony services, Internet protocol television, SIM only mobile plans, and various business networking solutions.

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