Superloop (ASX:SLC) Trading Down 1.1%

Superloop Ltd (ASX:SLC) shares were down 1.1% during mid-day trading on Tuesday . The company traded as low as A$0.91 ($0.65) and last traded at A$0.93 ($0.66), approximately 582,300 shares were traded during mid-day trading. The stock had previously closed at A$0.94 ($0.66).

The company’s 50-day moving average is A$1.10. The firm has a market capitalization of $217.84 million and a P/E ratio of 860.00. The company has a debt-to-equity ratio of 25.45, a current ratio of 0.87 and a quick ratio of 0.69.

About Superloop (ASX:SLC)

Superloop Limited engages in the design, construction, development, and operation of independent telecommunications infrastructure in the Asia Pacific region. The company offers network solutions for wholesale, enterprise, and channel customers. It is also involved in the operation of a fixed wireless broadband network; and provision of cloud and managed IT services for corporate customers, as well as cyber safety and security services.

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