Telenor ASA (OTCMKTS:TELNF) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Telenor ASA (OTCMKTS:TELNFGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.54 and traded as high as $14.57. Telenor ASA shares last traded at $14.57, with a volume of 161 shares trading hands.

Telenor ASA Stock Performance

The business has a fifty day simple moving average of $12.54 and a two-hundred day simple moving average of $12.14.

About Telenor ASA

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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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