New Street Research Upgrades Telia Company AB (publ) (OTCMKTS:TLSNY) to "Hold"

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was upgraded by equities researchers at New Street Research to a "hold" rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

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

Telia Company AB (publ) Stock Performance

Shares of OTCMKTS TLSNY traded down $0.24 during midday trading on Thursday, reaching $6.41. 13,992 shares of the company were exchanged, compared to its average volume of 32,779. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. Telia Company AB has a 1 year low of $3.95 and a 1 year high of $6.71. The stock has a fifty day simple moving average of $6.14 and a 200 day simple moving average of $5.40. The stock has a market cap of $12.60 billion, a P/E ratio of 320.45 and a beta of 0.46.

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

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.