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

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 14,500 shares, a drop of 60.7% from the October 31st total of 36,900 shares. Based on an average daily trading volume, of 144,600 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TLSNY. Barclays downgraded Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th. BNP Paribas raised shares of Telia Company AB (publ) to a “strong-buy” rating in a research note on Monday, September 16th. Finally, New Street Research raised shares of Telia Company AB (publ) to a “hold” rating in a research note on Thursday, September 26th.

Telia Company AB (publ) Trading Up 2.1 %

TLSNY traded up $0.12 during trading on Thursday, hitting $5.80. The company’s stock had a trading volume of 39,172 shares, compared to its average volume of 36,097. Telia Company AB has a twelve month low of $4.53 and a twelve month high of $6.71. The stock has a market cap of $11.40 billion, a PE ratio of 26.36 and a beta of 0.47. The firm’s 50 day moving average price is $6.00 and its 200-day moving average price is $5.73. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Thursday, October 24th. The technology company reported $0.11 EPS for the quarter. Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. The firm had revenue of $2.09 billion during the quarter. On average, analysts expect that Telia Company AB will post 0.39 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 20th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.099 per share. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.10. The ex-dividend date was Thursday, October 31st. Telia Company AB (publ)’s dividend payout ratio is presently 81.82%.

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.