Telia Company AB (publ) (OTCMKTS:TLSNY) Share Price Passes Below Two Hundred Day Moving Average of $4.78

Telia Company AB (publ) (OTCMKTS:TLSNY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.78 and traded as low as $4.57. Telia Company AB (publ) shares last traded at $4.72, with a volume of 29,391 shares.

Telia Company AB (publ) Stock Down 4.8 %

The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 236.00 and a beta of 0.41. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.99 and a quick ratio of 0.95. The firm has a 50 day simple moving average of $4.84 and a 200-day simple moving average of $4.78.

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

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 12th will be issued a $0.0963 dividend. The ex-dividend date is Thursday, April 11th. Telia Company AB (publ)’s payout ratio is currently 1,050.00%.

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.