Telia Company AB (publ) (OTCMKTS:TLSNY) Raised to Hold at New Street Research

Posted by Jeff Wilder on Sep 28th, 2024

New Street Research upgraded shares of Telia Company AB (publ) (OTCMKTS:TLSNY – Free Report) to a hold rating in a report published on Thursday morning, Zacks.com reports.

Separately, BNP Paribas raised Telia Company AB (publ) to a strong-buy rating in a report on Monday, September 16th.

Read Our Latest Research Report on TLSNY

Telia Company AB (publ) Stock Performance

TLSNY stock opened at $6.41 on Thursday. The company has a market capitalization of $12.60 billion, a P/E ratio of 320.45 and a beta of 0.46. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.62. The company has a 50-day simple moving average of $6.14 and a 200 day simple moving average of $5.40. Telia Company AB has a fifty-two week low of $3.95 and a fifty-two week high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) last posted its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 earnings per share (EPS) for the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%. The business had revenue of $2.09 billion during the quarter. Sell-side analysts predict that Telia Company AB will post 0.32 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, August 21st. Investors of record on Thursday, August 1st were issued a dividend of $0.0954 per share. The ex-dividend date was Thursday, August 1st. Telia Company AB (publ)’s payout ratio is 1,050.00%.

Telia Company AB (publ) Company Profile

(Get Free Report)

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.