TPG Telecom (ASX:TPM) Shares Cross Below 200-Day Moving Average of $6.68

TPG Telecom Ltd (ASX:TPM) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.68 and traded as low as $6.94. TPG Telecom shares last traded at $7.10, with a volume of 928,217 shares traded.

The firm has a market capitalization of $6.59 billion and a PE ratio of 26.89. The company has a debt-to-equity ratio of 56.56, a current ratio of 0.25 and a quick ratio of 0.21. The stock has a 50-day moving average price of A$6.69 and a 200-day moving average price of A$6.68.

The firm also recently announced a Final dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 19th will be given a dividend of $0.02 per share. This represents a dividend yield of 0.28%. The ex-dividend date is Monday, October 14th. TPG Telecom’s payout ratio is 15.15%.

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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