Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 29,400 shares, an increase of 31.8% from the August 31st total of 22,300 shares. Based on an average daily volume of 61,600 shares, the days-to-cover ratio is currently 0.5 days.
Telia Company AB (publ) Stock Performance
Shares of OTCMKTS TLSNY opened at $6.65 on Friday. The stock has a market capitalization of $13.07 billion, a P/E ratio of 332.50 and a beta of 0.46. The firm’s 50-day moving average price is $6.13 and its two-hundred day moving average price is $5.39. Telia Company AB has a 52-week low of $3.95 and a 52-week high of $6.71. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.62.
Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) last released its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 earnings per share (EPS) for the quarter. Telia Company AB (publ) had a return on equity of 0.53% and a net margin of 4.71%. The business had revenue of $2.09 billion during the quarter. As a group, sell-side analysts forecast that Telia Company AB will post 0.32 earnings per share for the current year.
Telia Company AB (publ) Cuts Dividend
Analyst Ratings Changes
Separately, BNP Paribas raised shares of Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th.
Check Out Our Latest Analysis on Telia Company AB (publ)
Telia Company AB (publ) Company Profile
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.
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