Telstra (TLS) Reaches New 12-Month High at $3.59
Telstra Co. Ltd (ASX:TLS)’s share price hit a new 52-week high on Wednesday . The stock traded as high as A$3.59 ($2.55) and last traded at A$3.58 ($2.54), with a volume of 14251307 shares trading hands. The stock had previously closed at A$3.59 ($2.55).
The company has a debt-to-equity ratio of 128.16, a quick ratio of 0.75 and a current ratio of 0.92. The company has a market cap of $43.01 billion and a P/E ratio of 13.92.
In other news, insider Roy Chestnutt acquired 43,000 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was purchased at an average price of A$3.22 ($2.29) per share, for a total transaction of A$138,632.00 ($98,320.57).
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Telstra Corporation Limited, together with its subsidiaries, provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Telstra Operations, and Telstra Wholesale.
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