Telenor ASA (OTCMKTS:TELNY - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $14.69 and last traded at $14.40, with a volume of 34464 shares changing hands. The stock had previously closed at $14.30.
Wall Street Analyst Weigh In
Several analysts have issued reports on TELNY shares. Dnb Nor Markets lowered Telenor ASA from a "hold" rating to a "strong sell" rating in a research note on Wednesday. Sanford C. Bernstein raised shares of Telenor ASA from a "strong sell" rating to a "hold" rating in a report on Thursday, January 23rd.
Get Our Latest Stock Analysis on Telenor ASA
Telenor ASA Price Performance
The firm has a market cap of $19.83 billion, a P/E ratio of 11.15 and a beta of 0.44. The business's fifty day simple moving average is $13.70 and its 200-day simple moving average is $12.46. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.88.
Telenor ASA (OTCMKTS:TELNY - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Telenor ASA had a net margin of 24.17% and a return on equity of 16.15%. As a group, analysts forecast that Telenor ASA will post 0.79 EPS for the current fiscal year.
About Telenor ASA
(
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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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