Telenor ASA (OTCMKTS:TELNY - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.69 and last traded at $14.40, with a volume of 34464 shares traded. The stock had previously closed at $14.30.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein upgraded shares of Telenor ASA from a "strong sell" rating to a "hold" rating in a research note on Thursday, January 23rd.
Read Our Latest Stock Analysis on Telenor ASA
Telenor ASA Stock Up 0.7 %
The business's 50 day simple moving average is $13.51 and its 200 day simple moving average is $12.39. The company has a market capitalization of $19.70 billion, a PE ratio of 11.08 and a beta of 0.44. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.88.
Telenor ASA (OTCMKTS:TELNY - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Telenor ASA had a return on equity of 16.15% and a net margin of 24.17%. As a group, analysts forecast that Telenor ASA will post 0.79 EPS for the current year.
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.
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