Telia Company AB (publ) (OTCMKTS:TLSNY) Shares Pass Below 200-Day Moving Average of $4.76

Telia Company AB (publ) (OTCMKTS:TLSNY) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.76 and traded as low as $4.62. Telia Company AB (publ) shares last traded at $4.69, with a volume of 46,218 shares.

Telia Company AB (publ) Stock Performance

The firm has a market cap of $9.22 billion, a P/E ratio of 234.50 and a beta of 0.41. The business has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $4.76. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 1.73.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Friday, January 26th. The technology company reported ($0.16) EPS for the quarter. Telia Company AB (publ) had a negative return on equity of 0.51% and a net margin of 0.32%. The company had revenue of $2.17 billion during the quarter. On average, sell-side analysts predict that Telia Company AB will post 0.29 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 12th will be paid a $0.0963 dividend. The ex-dividend date of this dividend is Thursday, April 11th. Telia Company AB (publ)’s dividend payout ratio is currently 1,100.00%.

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.