Short Interest in Telia Company AB (publ) (OTCMKTS:TLSNY) Decreases By 54.8%

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 26,000 shares, a decline of 54.8% from the January 31st total of 57,500 shares. Based on an average daily volume of 39,000 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Ratings Changes

Separately, Barclays cut shares of 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) Trading Down 0.6 %

TLSNY stock opened at $6.42 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.81 and a quick ratio of 0.77. The company has a fifty day moving average price of $5.84 and a two-hundred day moving average price of $5.95. Telia Company AB has a one year low of $4.53 and a one year high of $6.71. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 3.14 and a beta of 0.49.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 6.59% and a net margin of 7.95%. Equities analysts anticipate that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Friday, February 7th were given a $0.0893 dividend. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s payout ratio is presently 52.94%.

About Telia Company AB (publ)

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.