TeliaSonera AB (OTCMKTS:TLSNY - Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 10,556 shares, an increase of 554.0% from the August 31st total of 1,614 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 153,067 shares, the days-to-cover ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on TLSNY shares. Berenberg Bank lowered TeliaSonera from a "hold" rating to a "strong sell" rating in a research report on Friday, June 12th. Barclays upgraded TeliaSonera from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, TeliaSonera presently has a consensus rating of "Hold".
Read Our Latest Stock Analysis on TeliaSonera
TeliaSonera Stock Down 0.1%
Shares of OTCMKTS:TLSNY opened at $9.11 on Friday. TeliaSonera has a fifty-two week low of $7.36 and a fifty-two week high of $10.98. The firm's 50 day moving average price is $9.23 and its 200 day moving average price is $9.85. The stock has a market cap of $17.91 billion, a price-to-earnings ratio of 33.74 and a beta of 0.37. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.46.
TeliaSonera (OTCMKTS:TLSNY - Get Free Report) last issued its earnings results on Friday, July 17th. The technology company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.14 billion. TeliaSonera had a net margin of 6.26% and a return on equity of 9.20%. As a group, equities research analysts predict that TeliaSonera will post 0.45 earnings per share for the current fiscal year.
About TeliaSonera
(
Get Free Report)
TeliaSonera, now operating under the name Telia Company AB, is a telecommunications and digital services provider headquartered in Solna, Sweden. The company offers mobile and fixed-line communications, broadband, television, and related digital services to consumers, businesses, and public-sector organizations.
Telia's consumer services include mobile voice and data plans, fiber and fixed broadband, pay television, and home communications solutions. Through its enterprise operations, the company provides connectivity, communications, information technology, and managed services designed to support businesses and government customers.
The company traces its history to Sweden's former state telecommunications operator, Telia, and Finland's Sonera.
See Also
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