Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 26,000 shares, a decrease of 54.8% from the January 31st total of 57,500 shares. Based on an average trading volume of 39,000 shares, the days-to-cover ratio is currently 0.7 days.

Telia Company AB (publ) Price Performance

OTCMKTS TLSNY opened at $6.42 on Friday. Telia Company AB has a twelve month low of $4.53 and a twelve month high of $6.71. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.81. The stock has a market capitalization of $12.62 billion, a PE ratio of 18.88, a P/E/G ratio of 3.14 and a beta of 0.49. The stock has a 50-day simple moving average of $5.84 and a 200 day simple moving average of $5.95.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 6.59% and a net margin of 7.95%. Research analysts anticipate that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 7th were issued a $0.0893 dividend. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is 52.94%.

Wall Street Analysts Forecast Growth

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

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.