Telia Company AB (publ) (OTCMKTS:TLSNY) Hits New 1-Year High at $6.61

Telia Company AB (publ) (OTCMKTS:TLSNY) shares hit a new 52-week high on Monday . The company traded as high as $6.61 and last traded at $6.61, with a volume of 46125 shares trading hands. The stock had previously closed at $6.39.

Telia Company AB (publ) Price Performance

The company has a market capitalization of $13.00 billion, a PE ratio of 319.50 and a beta of 0.46. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. The company’s 50 day moving average price is $5.91 and its 200-day moving average price is $5.28.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings results on Thursday, July 18th. The technology company reported $0.07 EPS for the quarter. Telia Company AB (publ) had a return on equity of 0.53% and a net margin of 4.71%. The company had revenue of $2.09 billion during the quarter. On average, sell-side analysts forecast that Telia Company AB will post 0.33 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, August 21st. Shareholders of record on Thursday, August 1st were paid a dividend of $0.0954 per share. The ex-dividend date was Thursday, August 1st. Telia Company AB (publ)’s dividend payout ratio is currently 1,100.00%.

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.