Telenor ASA (OTCMKTS:TELNY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $14.66 and last traded at $14.62, with a volume of 15738 shares trading hands. The stock had previously closed at $14.31.
Analyst Ratings Changes
Separately, Sanford C. Bernstein upgraded Telenor ASA from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 23rd.
View Our Latest Research Report on TELNY
Telenor ASA Trading Down 7.9 %
The firm has a market capitalization of $18.49 billion, a price-to-earnings ratio of 10.39 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. The business's fifty day moving average is $13.24 and its 200 day moving average is $12.34.
Telenor ASA (OTCMKTS:TELNY - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Telenor ASA had a net margin of 24.17% and a return on equity of 16.15%. Equities analysts predict that Telenor ASA will post 0.79 earnings per share for the current year.
About Telenor ASA
(
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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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