Shares of Telia Company AB (publ) (OTCMKTS:TLSNY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.65 and traded as low as $8.13. Telia Company AB (publ) shares last traded at $8.15, with a volume of 73,526 shares trading hands.
Several equities research analysts have recently issued reports on the stock. Citigroup upgraded shares of Telia Company AB (publ) from a “sell” rating to a “neutral” rating in a report on Tuesday, September 14th. Barclays lowered shares of Telia Company AB (publ) from an “overweight” rating to an “equal weight” rating in a report on Monday, September 13th. Sanford C. Bernstein assumed coverage on shares of Telia Company AB (publ) in a report on Tuesday, September 7th. They issued a “market perform” rating for the company. JPMorgan Chase & Co. restated an “underweight” rating on shares of Telia Company AB (publ) in a report on Thursday, July 8th. Finally, Credit Suisse Group restated an “underperform” rating on shares of Telia Company AB (publ) in a report on Wednesday, July 28th. Five analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Sell” and an average price target of $9.25.
The company has a market cap of $17.03 billion, a PE ratio of -11.57 and a beta of 0.27. The company’s 50 day moving average is $8.49 and its 200 day moving average is $8.65. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 1.34.
Telia Company AB (publ) Company Profile (OTCMKTS:TLSNY)
Telia Co AB engages in the provision of network access and telecommunication services. It operates through the following geographical segments: Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and TV and Media. It focuses in the mobile, television, and fixed-line operations. The company was founded in 1853 and is headquartered in Solna, Sweden.
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