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Telia Company AB (publ) (OTCMKTS:TLSNY) Stock Crosses Below 200 Day Moving Average - What's Next?

Telia Company AB (publ) logo with Computer and Technology background

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.69 and traded as low as $5.63. Telia Company AB (publ) shares last traded at $5.63, with a volume of 26,755 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently commented on the company. BNP Paribas upgraded Telia Company AB (publ) to a "strong-buy" rating in a research report on Monday, September 16th. Barclays cut Telia Company AB (publ) from a "hold" rating to a "strong sell" rating in a report on Wednesday, November 6th. Finally, New Street Research upgraded Telia Company AB (publ) to a "hold" rating in a research report on Thursday, September 26th.

Read Our Latest Analysis on TLSNY

Telia Company AB (publ) Price Performance

The stock's 50 day moving average is $6.09 and its two-hundred day moving average is $5.69. 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 stock has a market capitalization of $11.07 billion, a PE ratio of 113.60 and a beta of 0.47.

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

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 20th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.099 per share. This is a boost from Telia Company AB (publ)'s previous dividend of $0.10. The ex-dividend date of this dividend was Thursday, October 31st. Telia Company AB (publ)'s dividend payout ratio is presently 86.37%.

About Telia Company AB (publ)

(Get Free Report)

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.

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