Telstra (OTCMKTS:TLSYY) Trading 0.7% Higher – Here’s Why

Shares of Telstra Co. Limited (OTCMKTS:TLSYYGet Free Report) were up 0.7% during mid-day trading on Thursday . The company traded as high as $12.65 and last traded at $12.48. Approximately 63,400 shares changed hands during trading, an increase of 10% from the average daily volume of 57,793 shares. The stock had previously closed at $12.39.

Telstra Stock Up 0.7 %

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

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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