Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 12-Month High at $6.65

Shares of Telia Company AB (publ) (OTCMKTS:TLSNY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $6.65 and last traded at $6.62, with a volume of 22399 shares changing hands. The stock had previously closed at $6.58.

Analyst Upgrades and Downgrades

Separately, BNP Paribas raised shares of Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th.

Telia Company AB (publ) Trading Up 0.6 %

The company has a debt-to-equity ratio of 1.62, a current ratio of 0.92 and a quick ratio of 0.87. The business’s 50 day simple moving average is $6.06 and its 200 day simple moving average is $5.36. The stock has a market cap of $13.02 billion, a P/E ratio of 329.00 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 earnings per share for the quarter. The firm had revenue of $2.09 billion for the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%. On average, analysts expect that Telia Company AB will post 0.32 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, August 21st. Stockholders of record on Thursday, August 1st were paid a dividend of $0.0954 per share. The ex-dividend date of this dividend was Thursday, August 1st. Telia Company AB (publ)’s dividend payout ratio (DPR) is currently 1,050.00%.

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.