Telenor ASA (OTCMKTS:TELNF) Shares Up 4% – Here’s Why

Telenor ASA (OTCMKTS:TELNFGet Free Report)’s share price shot up 4% during mid-day trading on Monday . The stock traded as high as $11.24 and last traded at $11.24. 1,100 shares were traded during mid-day trading, a decline of 11% from the average session volume of 1,242 shares. The stock had previously closed at $10.81.

Telenor ASA Trading Up 4.0 %

The stock has a 50-day moving average price of $11.57 and a 200 day moving average price of $11.84.

Telenor ASA Company Profile

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Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.

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