Telstra (ASX:TLS) Stock Crosses Above 200 Day Moving Average of $3.52

Telstra Co. Ltd (ASX:TLS) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.52 and traded as high as $3.86. Telstra shares last traded at $3.77, with a volume of 52,296,680 shares trading hands.

The company has a market capitalization of $44.84 billion and a P/E ratio of 14.50. The company’s 50-day moving average price is A$3.88 and its two-hundred day moving average price is A$3.52. The company has a debt-to-equity ratio of 128.16, a current ratio of 0.92 and a quick ratio of 0.75.

The business also recently disclosed a Final dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th will be given a $0.08 dividend. This represents a dividend yield of 2.12%. The ex-dividend date is Wednesday, August 28th. Telstra’s payout ratio is presently 38.46%.



About Telstra (ASX:TLS)

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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