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Philippine Long Distance Telephone (NYSE:PHI) reached a new 52-week high during trading on Tuesday , Analyst Ratings News reports. The stock traded as high as $77.50 and last traded at $76.76, with a volume of 96,596 shares traded. The stock had previously closed at $74.51.

Separately, analysts at Credit Suisse downgraded shares of Philippine Long Distance Telephone from an “outperform” rating to a “neutral” rating in a research note on Tuesday, August 5th.

The stock has a 50-day moving average of $70.57 and a 200-day moving average of $65.32. The company has a market cap of $16.593 billion and a P/E ratio of 19.80.

Philippine Long Distance Telephone Company (NYSE:PHI) is a telecommunications service provider in the Philippines.

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