Telia Company AB (publ) (OTCMKTS:TLSNY) Sees Large Decrease in Short Interest

Telia Company AB (publ) (OTCMKTS:TLSNY) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 8,900 shares, a drop of 65.8% from the February 13th total of 26,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 26,400 shares, the short-interest ratio is presently 0.3 days.

Telia Company AB (publ) Trading Up 0.4 %

Telia Company AB (publ) stock traded up $0.03 during mid-day trading on Friday, hitting $6.97. The company’s stock had a trading volume of 7,514 shares, compared to its average volume of 37,742. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.77 and a current ratio of 0.81. The company has a 50 day moving average of $6.09 and a 200-day moving average of $6.00. Telia Company AB has a one year low of $4.53 and a one year high of $7.15. The stock has a market cap of $13.70 billion, a PE ratio of 20.50, a P/E/G ratio of 3.14 and a beta of 0.46.

Telia Company AB (publ) (OTCMKTS:TLSNY) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) 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%. On average, research analysts anticipate that Telia Company AB will post 0.34 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 7th were issued a $0.0893 dividend. The ex-dividend date of this dividend was Friday, February 7th. Telia Company AB (publ)’s payout ratio is 52.94%.

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.