Shares of TeliaSonera AB (OTCMKTS:TLSNY - Get Free Report) saw strong trading volume on Thursday . 165,625 shares changed hands during trading, an increase of 214% from the previous session's volume of 52,745 shares.The stock last traded at $6.82 and had previously closed at $6.79.
Analysts Set New Price Targets
Separately, Redburn Atlantic lowered shares of TeliaSonera from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 10th.
Get Our Latest Stock Report on TeliaSonera
TeliaSonera Stock Performance
The business has a fifty day simple moving average of $7.35 and a two-hundred day simple moving average of $6.86. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.97 and a quick ratio of 0.92.
TeliaSonera (OTCMKTS:TLSNY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The technology company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. TeliaSonera had a return on equity of 10.31% and a net margin of 5.19%. The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $20.05 billion. On average, equities analysts predict that TeliaSonera AB will post 0.34 earnings per share for the current year.
TeliaSonera Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, August 20th. Stockholders of record on Friday, August 1st will be paid a $0.062 dividend. This represents a dividend yield of 3.62%. The ex-dividend date is Thursday, July 31st. TeliaSonera's payout ratio is 133.33%.
About TeliaSonera
(
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Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.
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