Telenor ASA (OTCMKTS:TELNY - Get Free Report) is projected to issue its results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $20.4202 billion for the quarter.
Telenor ASA Stock Down 0.2%
Telenor ASA stock opened at $16.48 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.44 and a debt-to-equity ratio of 1.02. The firm has a market cap of $22.55 billion, a P/E ratio of 22.27 and a beta of 0.44. The business has a fifty day moving average of $16.57 and a two-hundred day moving average of $15.60. Telenor ASA has a twelve month low of $10.55 and a twelve month high of $17.32.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Berenberg Bank cut Telenor ASA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 26th. Zacks Research downgraded shares of Telenor ASA from a "strong-buy" rating to a "hold" rating in a report on Friday, September 12th. Finally, New Street Research cut shares of Telenor ASA from a "strong-buy" rating to a "hold" rating in a report on Friday, August 8th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Reduce".
Get Our Latest Report on Telenor ASA
About Telenor ASA
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Telenor ASA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telenor ASA wasn't on the list.
While Telenor ASA currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
