Telia Company AB (publ) (OTCMKTS:TLSNY) Sets New 1-Year High – Still a Buy?

Telia Company AB (publ) (OTCMKTS:TLSNY) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $7.18 and last traded at $7.17, with a volume of 9540 shares traded. The stock had previously closed at $7.04.

Telia Company AB (publ) Price Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.81. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 3.14 and a beta of 0.46. The company has a 50-day moving average price of $6.44 and a 200-day moving average price of $6.06.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings data 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 7.95% and a return on equity of 6.59%. On average, equities research analysts expect that Telia Company AB will post 0.34 EPS for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be paid a dividend of $0.0996 per share. The ex-dividend date of this dividend is Friday, April 11th. This is an increase from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s dividend payout ratio (DPR) is presently 67.65%.

About Telia Company AB (publ)

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.