Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 52-Week High – Still a Buy?

Telia Company AB (publ) (OTCMKTS:TLSNY)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $6.96 and last traded at $6.95, with a volume of 7120 shares changing hands. The stock had previously closed at $6.90.

Telia Company AB (publ) Stock Performance

The firm has a 50 day moving average of $6.06 and a two-hundred day moving average of $5.99. The stock has a market cap of $13.64 billion, a P/E ratio of 20.41, a P/E/G ratio of 3.14 and a beta of 0.46. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.81.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its earnings results 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 net margin of 7.95% and a return on equity of 6.59%. On average, research analysts predict that Telia Company AB will post 0.34 EPS for the current fiscal 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 of this dividend was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is 52.94%.

Telia Company AB (publ) Company Profile

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.