Telenor ASA (OTCMKTS:TELNF) Trading Up 4% – What’s Next?

Telenor ASA (OTCMKTS:TELNFGet Free Report) rose 4% during mid-day trading on Monday . The company traded as high as $11.24 and last traded at $11.24. Approximately 1,100 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 1,242 shares. The stock had previously closed at $10.81.

Telenor ASA Stock Up 4.0 %

The stock’s 50-day moving average price is $11.57 and its 200 day moving average price is $11.84.

About Telenor ASA

(Get Free Report)

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.

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