Telenor ASA (OTCMKTS:TELNY – Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 25,000 shares, an increase of 177.8% from the March 31st total of 9,000 shares. Based on an average daily trading volume, of 95,700 shares, the days-to-cover ratio is currently 0.3 days.
Telenor ASA Price Performance
Shares of TELNY traded down $0.07 during trading hours on Friday, reaching $11.55. 53,010 shares of the stock traded hands, compared to its average volume of 45,357. The company has a quick ratio of 0.84, a current ratio of 0.86 and a debt-to-equity ratio of 1.09. Telenor ASA has a 52-week low of $9.89 and a 52-week high of $12.63. The company’s 50-day moving average price is $11.10 and its two-hundred day moving average price is $11.03.
Telenor ASA (OTCMKTS:TELNY – Get Free Report) last released its earnings results on Wednesday, February 7th. The utilities provider reported $0.04 earnings per share for the quarter. The company had revenue of $1.94 billion for the quarter. Telenor ASA had a net margin of 18.03% and a return on equity of 4.19%. Research analysts expect that Telenor ASA will post 1.39 EPS for the current year.
Telenor ASA Increases Dividend
Telenor ASA Company Profile
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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