Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 12-Month High – Here’s What Happened

Telia Company AB (publ) (OTCMKTS:TLSNY) shares reached a new 52-week high during trading on Thursday . The company traded as high as $7.51 and last traded at $7.48, with a volume of 9921 shares changing hands. The stock had previously closed at $7.24.

Telia Company AB (publ) Stock 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 has a market cap of $13.78 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 3.14 and a beta of 0.34. The firm has a 50 day simple moving average of $6.59 and a 200-day simple moving average of $6.09.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its earnings results on Thursday, January 30th. The technology company reported ($0.02) 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%. As a group, analysts predict that Telia Company AB will post 0.34 EPS 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 paid a dividend of $0.0996 per share. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.09. The ex-dividend date of this dividend is Friday, April 11th. Telia Company AB (publ)’s dividend payout ratio 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.