Telia Company AB (publ) (OTCMKTS:TLSNY) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Telia Company AB (publ) (OTCMKTS:TLSNY) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.86 and traded as low as $5.67. Telia Company AB (publ) shares last traded at $5.67, with a volume of 23,875 shares trading hands.

Analyst Ratings Changes

Separately, Barclays cut Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th.

Telia Company AB (publ) Price Performance

The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 111.80 and a beta of 0.48. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The business has a fifty day moving average price of $5.57 and a 200 day moving average price of $5.86.

Telia Company AB (publ) (OTCMKTS:TLSNY) last released its earnings results on Thursday, October 24th. The technology company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $2.09 billion for the quarter. Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. On average, research analysts expect that Telia Company AB will post 0.31 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be given a $0.0893 dividend. The ex-dividend date is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio (DPR) is 86.37%.

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.