Telia Company AB (publ) (OTCMKTS:TLSNY) Upgraded at BNP Paribas

BNP Paribas upgraded shares of Telia Company AB (publ) (OTCMKTS:TLSNY) to a strong-buy rating in a research report report published on Monday, Zacks.com reports.

Telia Company AB (publ) Stock Performance

OTCMKTS:TLSNY opened at $6.53 on Monday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.87 and a current ratio of 0.92. The stock has a 50-day simple moving average of $6.01 and a two-hundred day simple moving average of $5.32. The firm has a market capitalization of $12.84 billion, a PE ratio of 326.50 and a beta of 0.46. Telia Company AB has a 52-week low of $3.95 and a 52-week high of $6.61.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings data on Thursday, July 18th. The technology company reported $0.07 earnings per share (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. Analysts forecast that Telia Company AB will post 0.32 EPS for the current year.

Telia Company AB (publ) Cuts Dividend

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