Telenor ASA (OTCMKTS:TELNF) Shares Cross Above 50 Day Moving Average – Time to Sell?

Telenor ASA (OTCMKTS:TELNFGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.58 and traded as high as $18.10. Telenor ASA shares last traded at $18.10, with a volume of 268 shares trading hands.

Telenor ASA Trading Up 7.2%

The firm’s fifty day moving average price is $14.58 and its two-hundred day moving average price is $15.56.

About Telenor ASA

(Get Free Report)

Telenor ASA is a Norway‐based telecommunications company that provides a broad range of communication services to consumers and businesses. Its core offerings include mobile voice and data services, fixed‐line broadband, pay‐TV solutions and Internet of Things (IoT) connectivity. Through its network infrastructure, Telenor serves both retail and enterprise customers, delivering digital solutions that span cloud services, managed network operations and cybersecurity.

The company’s operations extend across Northern Europe and selected Asian markets.

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