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

Telia Company AB (publ) (OTCMKTS:TLSNY) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $6.76 and last traded at $6.75, with a volume of 14427 shares trading hands. The stock had previously closed at $6.61.

Telia Company AB (publ) Stock Up 2.8 %

The firm has a market capitalization of $13.57 billion, a PE ratio of 20.29, a price-to-earnings-growth ratio of 3.14 and a beta of 0.46. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 1.48. The firm has a 50-day moving average of $5.97 and a two-hundred day moving average of $5.97.

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%. On average, equities research analysts forecast that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 7th were paid a dividend of $0.0893 per share. The ex-dividend date was Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is currently 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.