TeliaSonera (OTCMKTS:TLSNY – Get Free Report) announced its quarterly earnings data on Friday. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02), Zacks reports. TeliaSonera had a net margin of 4.35% and a return on equity of 8.90%.
TeliaSonera Trading Up 1.2%
Shares of OTCMKTS TLSNY traded up $0.12 during mid-day trading on Friday, reaching $10.39. 19,817 shares of the company’s stock were exchanged, compared to its average volume of 45,566. The company’s 50-day moving average is $10.10 and its 200-day moving average is $8.90. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 57.73 and a beta of 0.33. TeliaSonera has a 52-week low of $6.67 and a 52-week high of $10.79.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. UBS Group cut TeliaSonera from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 13th. Citigroup raised shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, TeliaSonera has an average rating of “Buy”.
TeliaSonera Company Profile
TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.
The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.
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