Telenor ASA (OTCMKTS:TELNY - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $10.55 and last traded at $10.75, with a volume of 58975 shares changing hands. The stock had previously closed at $10.96.
Wall Street Analyst Weigh In
Separately, Barclays cut Telenor ASA from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 6th.
View Our Latest Report on TELNY
Telenor ASA Price Performance
The company has a quick ratio of 0.56, a current ratio of 0.58 and a debt-to-equity ratio of 0.96. The firm's fifty day moving average price is $11.77 and its 200 day moving average price is $11.93. The stock has a market cap of $14.71 billion, a PE ratio of 16.04 and a beta of 0.57.
Telenor ASA (OTCMKTS:TELNY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The utilities provider reported $0.21 EPS for the quarter. The business had revenue of $1.87 billion for the quarter. Telenor ASA had a net margin of 12.38% and a return on equity of 14.50%. As a group, equities analysts expect that Telenor ASA will post 1.29 EPS for the current fiscal 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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