Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 12,500 shares, a drop of 59.4% from the December 31st total of 30,800 shares. Based on an average daily trading volume, of 169,800 shares, the short-interest ratio is presently 0.1 days.

Telia Company AB (publ) Stock Up 3.8 %

Shares of Telia Company AB (publ) stock traded up $0.22 during trading hours on Friday, reaching $5.94. The company’s stock had a trading volume of 56,845 shares, compared to its average volume of 57,969. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.86 and a current ratio of 0.91. The stock’s fifty day simple moving average is $5.59 and its two-hundred day simple moving average is $5.88. The company has a market capitalization of $11.68 billion, a P/E ratio of 27.00 and a beta of 0.48. Telia Company AB has a one year low of $4.53 and a one year high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. On average, research analysts forecast that Telia Company AB will post 0.31 earnings per share for the current year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be given a $0.0893 dividend. The ex-dividend date is Friday, February 7th. Telia Company AB (publ)’s payout ratio is currently 86.37%.

Wall Street Analyst Weigh In

Separately, Barclays downgraded Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th.

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.