Telia Company AB (publ) (OTCMKTS:TLSNY) Shares Pass Below 200-Day Moving Average of $4.76

Telia Company AB (publ) (OTCMKTS:TLSNY) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.76 and traded as low as $4.62. Telia Company AB (publ) shares last traded at $4.69, with a volume of 46,218 shares.

Telia Company AB (publ) Stock Up 1.3 %

The company has a market capitalization of $9.22 billion, a P/E ratio of 234.50 and a beta of 0.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.95 and a current ratio of 0.99. The stock has a 50 day moving average price of $4.81 and a 200 day moving average price of $4.76.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Friday, January 26th. The technology company reported ($0.16) EPS for the quarter. The business had revenue of $2.17 billion for the quarter. Telia Company AB (publ) had a negative return on equity of 0.51% and a net margin of 0.32%. Equities research analysts forecast that Telia Company AB will post 0.29 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 12th will be paid a dividend of $0.0963 per share. The ex-dividend date is Thursday, April 11th. Telia Company AB (publ)’s payout ratio is 1,100.00%.

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.