Telia Company AB (publ) (OTCMKTS:TLSNY) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Analysts Set New Price Targets

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

Telia Company AB (publ) Trading Down 0.2 %

The stock has a 50-day moving average of $6.08 and a 200 day moving average of $5.69. The stock has a market cap of $11.05 billion, a PE ratio of 25.55 and a beta of 0.47. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 1.69.

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

Telia Company AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 20th. Shareholders of record on Thursday, October 31st were given a $0.099 dividend. The ex-dividend date was Thursday, October 31st. This is a positive change from Telia Company AB (publ)'s previous dividend of $0.10. Telia Company AB (publ)'s dividend payout ratio is currently 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.