Singapore Telecommunications (SGAPY) Projected to Release Quarterly Earnings on Thursday

Singapore Telecommunications (OTCMKTS:SGAPY) is expected to be posting its results before the market opens on Thursday, November 12th. Analysts expect Singapore Telecommunications to post earnings of $0.3559 per share and revenue of $2.93 billion for the quarter.

Singapore Telecommunications Price Performance

Shares of OTCMKTS:SGAPY opened at $32.74 on Thursday. Singapore Telecommunications has a 1-year low of $30.58 and a 1-year high of $41.20. The stock’s fifty day simple moving average is $33.63 and its two-hundred day simple moving average is $35.68. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.04.

Wall Street Analyst Weigh In

Separately, Phillip Securities raised Singapore Telecommunications from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

Singapore Telecommunications Company Profile

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.