TPG Telecom (ASX:TPM) Reaches New 52-Week High at $8.78

TPG Telecom Ltd (ASX:TPM)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as A$8.78 ($6.23) and last traded at A$8.15 ($5.78), with a volume of 7924991 shares trading hands. The stock had previously closed at A$7.31 ($5.18).

The business’s 50 day moving average price is A$7.11 and its 200-day moving average price is A$6.85. The firm has a market capitalization of $7.48 billion and a PE ratio of 43.10. The company has a debt-to-equity ratio of 51.43, a quick ratio of 0.20 and a current ratio of 0.24.

TPG Telecom Company Profile (ASX:TPM)

TPG Telecom Limited provides telecommunication services to residential users, small and medium enterprises, government, large corporate enterprises, and wholesale customers in Australia and internationally. The company offers ADSL2+, NBN, fiber optic and Ethernet broadband access, telephony services, Internet protocol television, SIM only mobile plans, and various business networking solutions.

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