Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 12-Month High – Should You Buy?

Shares of Telia Company AB (publ) (OTCMKTS:TLSNY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.51 and last traded at $7.48, with a volume of 9921 shares trading hands. The stock had previously closed at $7.24.

Telia Company AB (publ) Stock Performance

The company has a market cap of $14.71 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 3.14 and a beta of 0.46. 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 business has a fifty day simple moving average of $6.53 and a two-hundred day simple moving average of $6.08.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings results 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 net margin of 7.95% and a return on equity of 6.59%. Research analysts anticipate that Telia Company AB will post 0.34 earnings per share for the current year.

Telia Company AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be issued a $0.0996 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.09. Telia Company AB (publ)’s dividend payout ratio (DPR) is presently 67.65%.

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.