Telenor ASA (OTCMKTS:TELNF – Get Free Report) passed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $14.03 and traded as low as $13.15. Telenor ASA shares last traded at $13.15, with a volume of 300 shares changing hands.
Telenor ASA Stock Performance
The firm’s 50 day moving average is $14.03 and its 200 day moving average is $15.44.
About Telenor ASA
Telenor ASA is a Norwegian telecommunications and digital services company headquartered in Fornebu, Norway. Through its operating companies and partnerships, Telenor provides mobile communications, fixed-line and wireless broadband, television, and related connectivity services to consumers, businesses, and public-sector customers.
The company also offers digital services such as internet-of-things solutions, cybersecurity, cloud and communications services, and other technology products designed to support enterprise customers.
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