Telstra (OTCMKTS:TLSYY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Telstra Co. Limited (OTCMKTS:TLSYY)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.48 and traded as high as $12.65. Telstra shares last traded at $12.48, with a volume of 63,400 shares.

Telstra Stock Performance

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

Telstra Company Profile

Telstra Corporation Limited is a leading Australian telecommunications and technology company that provides a broad range of communications services to consumers, businesses and government organizations. Its core activities include mobile and fixed-line telephony, broadband and home internet services, and retailing of devices and customer support. Telstra also serves enterprise and wholesale customers with network solutions, managed services and connectivity products tailored for carriers, large businesses and public sector clients.

The company offers mobile voice and data plans on nationwide 4G and 5G networks, fixed broadband access (including services over the national broadband network), and bundled consumer products.