ValuEngine upgraded shares of Singapore Telecommunications (OTCMKTS:SGAPY) from a hold rating to a buy rating in a report issued on Friday morning.

Shares of Singapore Telecommunications (SGAPY) traded up $0.07 during trading hours on Friday, reaching $27.68. The company’s stock had a trading volume of 35,942 shares, compared to its average volume of 24,895. Singapore Telecommunications has a 52-week low of $24.67 and a 52-week high of $29.58. The company has a market capitalization of $45,078.12, a PE ratio of 16.24 and a beta of 0.91. The company has a quick ratio of 0.88, a current ratio of 0.93 and a debt-to-equity ratio of 0.34.

The business also recently declared a None dividend, which will be paid on Thursday, January 18th. Shareholders of record on Tuesday, December 19th will be given a $0.702 dividend. The ex-dividend date is Monday, December 18th. Singapore Telecommunications’s dividend payout ratio (DPR) is 48.03%.

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