Telia Company AB (publ) (OTCMKTS:TLSNY) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Telia Company AB (publ) (OTCMKTS:TLSNYGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.86 and traded as low as $5.67. Telia Company AB (publ) shares last traded at $5.67, with a volume of 23,875 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th.

View Our Latest Stock Report on Telia Company AB (publ)

Telia Company AB (publ) Trading Down 0.5 %

The company’s 50 day simple moving average is $5.57 and its two-hundred day simple moving average is $5.86. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 25.77 and a beta of 0.48. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.66.

Telia Company AB (publ) (OTCMKTS:TLSNYGet Free Report) last announced its quarterly earnings data on Thursday, October 24th. The technology company reported $0.11 EPS for the quarter. The firm had revenue of $2.09 billion during the quarter. Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. As a group, research analysts anticipate that Telia Company AB will post 0.31 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Friday, February 7th will be issued a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is presently 86.37%.

About Telia Company AB (publ)

(Get Free Report)

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.

Further Reading

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