Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 36,900 shares, a decrease of 41.0% from the October 15th total of 62,500 shares. Based on an average daily volume of 72,100 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on TLSNY shares. Barclays lowered Telia Company AB (publ) from a "hold" rating to a "strong sell" rating in a research note on Wednesday, November 6th. New Street Research raised Telia Company AB (publ) to a "hold" rating in a research note on Thursday, September 26th. Finally, BNP Paribas raised Telia Company AB (publ) to a "strong-buy" rating in a research report on Monday, September 16th.

Telia Company AB (publ) Stock Performance

Telia Company AB (publ) stock traded down $0.01 during mid-day trading on Wednesday, reaching $5.43. 413,660 shares of the company traded hands, compared to its average volume of 34,991. Telia Company AB has a fifty-two week low of $4.44 and a fifty-two week high of $6.71. The firm's fifty day moving average is $6.19 and its two-hundred day moving average is $5.66. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.83 and a quick ratio of 0.78. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of 108.80 and a beta of 0.47.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last issued its earnings results on Thursday, October 24th. The technology company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.09 billion during the quarter. Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. On average, equities research analysts expect that Telia Company AB will post 0.39 earnings per share for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Thursday, October 31st will be issued a $0.099 dividend. This is a positive change from Telia Company AB (publ)'s previous dividend of $0.10. The ex-dividend date of this dividend is Thursday, October 31st. Telia Company AB (publ)'s dividend payout ratio is presently 86.37%.

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.