TeliaSonera AB (OTCMKTS:TLSNY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 170,975 shares traded hands during trading, an increase of 181% from the previous session's volume of 60,841 shares.The stock last traded at $7.50 and had previously closed at $7.62.
Analysts Set New Price Targets
TLSNY has been the topic of several analyst reports. Kepler Capital Markets raised TeliaSonera from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. Citigroup raised TeliaSonera to a "hold" rating in a research note on Friday, September 12th. Finally, Redburn Atlantic lowered TeliaSonera from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold".
Read Our Latest Report on TeliaSonera
TeliaSonera Price Performance
The stock has a fifty day moving average of $7.38 and a two-hundred day moving average of $7.31. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 1.55.
TeliaSonera (OTCMKTS:TLSNY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The technology company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. TeliaSonera had a return on equity of 10.33% and a net margin of 5.19%.The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $20.05 billion. On average, sell-side analysts anticipate that TeliaSonera AB will post 0.34 EPS for the current fiscal year.
TeliaSonera Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, August 20th. Stockholders of record on Friday, August 1st were given a dividend of $0.062 per share. This represents a dividend yield of 362.0%. The ex-dividend date was Thursday, July 31st. TeliaSonera's dividend payout ratio (DPR) is 100.00%.
TeliaSonera Company Profile
(
Get Free Report)
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.
Read More
Before you consider TeliaSonera, 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 TeliaSonera wasn't on the list.
While TeliaSonera currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.