Telia Company AB (publ) (OTCMKTS:TLSNY) Share Price Passes Below Two Hundred Day Moving Average of $4.78

Posted by ABMN Staff on Apr 26th, 2024

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.78 and traded as low as $4.57. Telia Company AB (publ) shares last traded at $4.72, with a volume of 29,391 shares traded.

Telia Company AB (publ) Trading Down 4.8 %

The business’s 50 day moving average price is $4.84 and its two-hundred day moving average price is $4.78. The company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 236.00 and a beta of 0.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.95 and a current ratio of 0.99.

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) last released its earnings results on Friday, January 26th. The technology company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $2.17 billion for the quarter. Telia Company AB (publ) had a negative return on equity of 0.51% and a net margin of 0.32%. Equities analysts forecast that Telia Company AB will post 0.29 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 2nd. Investors of record on Friday, April 12th will be issued a dividend of $0.0963 per share. The ex-dividend date of this dividend is Thursday, April 11th. Telia Company AB (publ)’s payout ratio is currently 1,050.00%.

Telia Company AB (publ) Company Profile

(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.