Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Down 59.4% in January

Telia Company AB (publ) (OTCMKTS:TLSNY) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 12,500 shares, a decline of 59.4% from the December 31st total of 30,800 shares. Based on an average daily trading volume, of 169,800 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Barclays downgraded Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th.

Telia Company AB (publ) Price Performance

Shares of OTCMKTS:TLSNY traded down $0.11 on Friday, reaching $5.72. The company’s stock had a trading volume of 16,543 shares, compared to its average volume of 57,969. The company has a 50-day simple moving average of $5.59 and a 200 day simple moving average of $5.87. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market cap of $11.25 billion, a P/E ratio of 26.00 and a beta of 0.48. Telia Company AB has a 52-week low of $4.53 and a 52-week high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY) last issued its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%. As a group, equities research analysts anticipate that Telia Company AB will post 0.31 EPS for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be given a $0.0893 dividend. The ex-dividend date is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is presently 86.37%.

Telia Company AB (publ) Company Profile

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.