Shares of Telenor ASA (OTCMKTS:TELNY - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.48 and traded as low as $11.78. Telenor ASA shares last traded at $11.90, with a volume of 15,142 shares trading hands.
Analyst Ratings Changes
Separately, New Street Research raised Telenor ASA to a "strong-buy" rating in a research report on Monday, July 8th.
View Our Latest Analysis on Telenor ASA
Telenor ASA Stock Performance
The stock's fifty day moving average is $12.48 and its two-hundred day moving average is $11.91. The firm has a market capitalization of $16.37 billion, a price-to-earnings ratio of 19.19 and a beta of 0.57. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.56 and a current ratio of 0.58.
Telenor ASA Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, October 18th will be issued a dividend of $0.4252 per share. The ex-dividend date is Thursday, October 17th. Telenor ASA's dividend payout ratio is presently 93.55%.
Telenor ASA Company Profile
(
Get Free Report)
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.
Featured Stories
Before you consider Telenor ASA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telenor ASA wasn't on the list.
While Telenor ASA currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
