TELIA Co A B/ADR (OTCMKTS:TLSNY) Short Interest Update

TELIA Co A B/ADR (OTCMKTS:TLSNY) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 41,100 shares, a drop of 41.1% from the August 15th total of 69,800 shares. Based on an average daily volume of 97,000 shares, the short-interest ratio is currently 0.4 days.

Shares of TELIA Co A B/ADR stock opened at $7.87 on Wednesday. TELIA Co A B/ADR has a 1 year low of $6.12 and a 1 year high of $9.14. The firm has a market cap of $16.46 billion, a PE ratio of 21.28 and a beta of 0.31. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.93 and a quick ratio of 0.88. The company has a 50 day simple moving average of $7.77 and a two-hundred day simple moving average of $7.27.

TELIA Co A B/ADR (OTCMKTS:TLSNY) last posted its quarterly earnings results on Friday, July 17th. The technology company reported ($0.10) EPS for the quarter. The business had revenue of $2.25 billion for the quarter. TELIA Co A B/ADR had a return on equity of 3.42% and a net margin of 3.14%. As a group, research analysts anticipate that TELIA Co A B/ADR will post 0.31 earnings per share for the current year.

A number of equities analysts recently commented on the company. Barclays reiterated an “overweight” rating on shares of TELIA Co A B/ADR in a report on Monday, July 6th. Morgan Stanley reiterated an “underweight” rating on shares of TELIA Co A B/ADR in a research report on Thursday, September 3rd. JPMorgan Chase & Co. upgraded TELIA Co A B/ADR from an “underweight” rating to a “neutral” rating in a research report on Tuesday, August 25th. Zacks Investment Research cut TELIA Co A B/ADR from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, Nordea Equity Research raised TELIA Co A B/ADR from a “hold” rating to a “buy” rating in a research note on Friday, June 26th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $9.75.

TELIA Co A B/ADR Company Profile

Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It also provides contact center, Internet of Things (IoT), hosting, managed Wi-Fi, and cloud and security services; data center and infrastructure services; IP-network solutions and system integration services; and financing solutions.

Featured Story: What sectors are represented in the Hang Seng index?

Receive News & Ratings for TELIA Co A B/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELIA Co A B/ADR and related companies with MarketBeat.com's FREE daily email newsletter.