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

Telia Company AB (publ) (OTCMKTS:TLSNY)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $7.18 and last traded at $7.17, with a volume of 9540 shares traded. The stock had previously closed at $7.04.

Telia Company AB (publ) Stock Performance

The firm has a market cap of $14.09 billion, a PE ratio of 21.08, a PEG ratio of 3.14 and a beta of 0.46. The company has a quick ratio of 0.77, a current ratio of 0.81 and a debt-to-equity ratio of 1.48. The company has a 50-day simple moving average of $6.40 and a two-hundred day simple moving average of $6.06.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share (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%. As a group, equities research analysts forecast that Telia Company AB will post 0.34 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be issued a $0.0996 dividend. The ex-dividend date is Friday, April 11th. This is a boost from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s payout ratio is 67.65%.

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.