Telia Company AB (publ) (OTCMKTS:TLSNY) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Telia Company AB (publ) (OTCMKTS:TLSNY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.90 and traded as high as $6.38. Telia Company AB (publ) shares last traded at $6.38, with a volume of 9,915 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th.

Telia Company AB (publ) Stock Performance

The company has a market cap of $12.54 billion, a price-to-earnings ratio of 18.76 and a beta of 0.49. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The stock has a 50-day moving average price of $5.67 and a 200 day moving average price of $5.91.

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 the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 7.95% and a return on equity of 6.62%. As a group, analysts anticipate that Telia Company AB will post 0.37 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 27th. Shareholders of record on Friday, February 7th will be paid a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is 55.88%.

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.