Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 52-Week High – Time to Buy?

Telia Company AB (publ) (OTCMKTS:TLSNY)’s share price reached a new 52-week high on Friday . The stock traded as high as $7.18 and last traded at $7.17, with a volume of 9540 shares changing hands. 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 current ratio of 0.81 and a quick ratio of 0.77. The company’s 50-day moving average price is $6.44 and its 200-day moving average price is $6.06. The company has a market cap of $14.09 billion, a P/E ratio of 21.08, a P/E/G ratio of 3.14 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its 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 return on equity of 6.59% and a net margin of 7.95%. As a group, sell-side analysts predict that Telia Company AB will post 0.34 earnings per share for the current fiscal year.

Telia Company AB (publ) Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be given a $0.0996 dividend. The ex-dividend date is Friday, April 11th. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s dividend payout ratio (DPR) is currently 67.65%.

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.