Telia Company AB (publ) (OTCMKTS:TLSNY) Releases Quarterly Earnings Results

Telia Company AB (publ) (OTCMKTS:TLSNY) posted its earnings results on Thursday. The technology company reported $0.11 earnings per share (EPS) for the quarter, reports. The firm had revenue of $2.09 billion for the quarter. Telia Company AB (publ) had a return on equity of 0.53% and a net margin of 4.71%.

Telia Company AB (publ) Price Performance

Telia Company AB (publ) stock opened at $6.09 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. The company has a fifty day simple moving average of $6.27 and a 200-day simple moving average of $5.57. The stock has a market cap of $11.97 billion, a P/E ratio of 304.50 and a beta of 0.46. Telia Company AB has a 12-month low of $4.11 and a 12-month high of $6.71.

Telia Company AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Thursday, October 31st will be given a $0.099 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from Telia Company AB (publ)’s previous dividend of $0.10. Telia Company AB (publ)’s dividend payout ratio is currently 950.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TLSNY. BNP Paribas upgraded shares of Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th. New Street Research raised Telia Company AB (publ) to a “hold” rating in a research report on Thursday, September 26th.

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.