Telia Company AB (publ) (OTCMKTS:TLSNY) Reaches New 1-Year High – Time to Buy?

Telia Company AB (publ) (OTCMKTS:TLSNY) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $6.76 and last traded at $6.75, with a volume of 14427 shares trading hands. The stock had previously closed at $6.61.

Wall Street Analysts Forecast Growth

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

Telia Company AB (publ) Stock Performance

The company has a debt-to-equity ratio of 1.48, a current ratio of 0.81 and a quick ratio of 0.77. The firm has a market cap of $13.26 billion, a P/E ratio of 19.84, a PEG ratio of 3.14 and a beta of 0.49. The stock’s 50 day moving average is $5.89 and its two-hundred day moving average is $5.96.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.59%. As a group, equities analysts predict that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Friday, February 7th were paid a $0.0893 dividend. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is presently 52.94%.

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.