Telia Company AB (publ) (OTCMKTS:TLSNY) Shares Cross Above 200-Day Moving Average – Should You Sell?

Telia Company AB (publ) (OTCMKTS:TLSNY)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.90 and traded as high as $6.38. Telia Company AB (publ) shares last traded at $6.38, with a volume of 9,915 shares trading hands.

Wall Street Analysts Forecast Growth

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

Telia Company AB (publ) Stock Performance

The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The firm has a market cap of $12.54 billion, a PE ratio of 18.76 and a beta of 0.49. The stock has a 50-day moving average price of $5.66 and a 200 day moving average price of $5.90.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 6.62% and a net margin of 7.95%. Research analysts forecast that Telia Company AB will post 0.37 earnings per share for the current year.

Telia Company AB (publ) Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Friday, February 7th will be given a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s payout ratio is 55.88%.

About Telia Company AB (publ)

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.