TeliaSonera (OTCMKTS:TLSNY) Stock Breaks Below Two Hundred Day Moving Average – Here’s What Happened

TeliaSonera AB (OTCMKTS:TLSNY) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $9.66 and traded as low as $9.25. TeliaSonera shares last traded at $9.62, with a volume of 76,377 shares traded.

TeliaSonera Trading Down 2.0%

The stock has a market cap of $18.91 billion, a PE ratio of 34.36 and a beta of 0.37. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.62 and a current ratio of 0.66. The stock has a fifty day moving average price of $9.16 and a 200 day moving average price of $9.66.

TeliaSonera (OTCMKTS:TLSNY) last issued its quarterly earnings results on Thursday, October 22nd. The technology company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.08 billion. TeliaSonera had a net margin of 6.54% and a return on equity of 9.82%. Equities analysts expect that TeliaSonera AB will post 0.43 EPS for the current year.

TeliaSonera Company Profile

TeliaSonera, now known as Telia Company AB, is a Swedish telecommunications and digital services company. It was formed in 2003 through the merger of Sweden’s Telia and Finland’s Sonera and adopted the Telia Company name in 2016. The company provides connectivity and communications services to consumers, businesses and public-sector organizations.

Its offerings include mobile and fixed-line communications, broadband, television and digital entertainment, as well as enterprise networking, cloud, cybersecurity and information technology services.