Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Down 60.7% in November

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 14,500 shares, a decrease of 60.7% from the October 31st total of 36,900 shares. Based on an average daily volume of 144,600 shares, the days-to-cover ratio is currently 0.1 days.

Telia Company AB (publ) Stock Up 2.1 %

TLSNY opened at $5.80 on Friday. The company has a fifty day moving average of $6.00 and a two-hundred day moving average of $5.73. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.86 and a current ratio of 0.91. Telia Company AB has a fifty-two week low of $4.53 and a fifty-two week high of $6.71. The stock has a market capitalization of $11.40 billion, a price-to-earnings ratio of 116.00 and a beta of 0.47.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data on Thursday, October 24th. The technology company reported $0.11 earnings per share (EPS) for the quarter. Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. The business had revenue of $2.09 billion for the quarter. On average, research analysts expect that Telia Company AB will post 0.39 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 20th. Investors of record on Thursday, October 31st were given a dividend of $0.099 per share. This is a boost from Telia Company AB (publ)’s previous dividend of $0.10. The ex-dividend date of this dividend was Thursday, October 31st. Telia Company AB (publ)’s payout ratio is presently 86.37%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. New Street Research upgraded Telia Company AB (publ) to a “hold” rating in a research note on Thursday, September 26th. BNP Paribas raised Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th. Finally, Barclays lowered Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th.

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.