TELIA Co A B/ADR (OTCMKTS:TLSNY) Share Price Crosses Below Fifty Day Moving Average of $8.59
Shares of TELIA Co A B/ADR (OTCMKTS:TLSNY) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.59 and traded as low as $8.55. TELIA Co A B/ADR shares last traded at $8.56, with a volume of 363,339 shares trading hands.
A number of equities research analysts have issued reports on TLSNY shares. Zacks Investment Research upgraded TELIA Co A B/ADR from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a research report on Wednesday, December 25th. ValuEngine upgraded TELIA Co A B/ADR from a “sell” rating to a “hold” rating in a research report on Friday, October 11th. Finally, Jefferies Financial Group downgraded TELIA Co A B/ADR from a “buy” rating to a “hold” rating in a research report on Sunday, December 8th.
The company has a debt-to-equity ratio of 1.11, a current ratio of 0.99 and a quick ratio of 0.96. The business has a 50-day simple moving average of $8.58 and a 200-day simple moving average of $8.76. The firm has a market capitalization of $17.88 billion, a PE ratio of 17.04 and a beta of 0.32.
Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It also provides contact center, Internet of Things (IoT), hosting, managed Wi-Fi, and cloud and security services; data center and infrastructure services; IP-network solutions and system integration services; and financing solutions.
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