Telstra (ASX:TLS) Shares Cross Above Two Hundred Day Moving Average of $3.67

Telstra Co. Ltd (ASX:TLS) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.67 and traded as high as $3.81. Telstra shares last traded at $3.73, with a volume of 42,376,271 shares trading hands.

The company has a debt-to-equity ratio of 121.08, a quick ratio of 0.63 and a current ratio of 0.76. The business has a 50-day simple moving average of A$3.59 and a two-hundred day simple moving average of A$3.67. The stock has a market cap of $44.36 billion and a price-to-earnings ratio of 20.61.

In other Telstra news, insider Roy Chestnutt acquired 27,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were bought at an average cost of A$3.59 ($2.55) per share, for a total transaction of A$97,038.00 ($68,821.28).

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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