TeliaSonera AB (OTCMKTS:TLSNY) Short Interest Update

TeliaSonera AB (OTCMKTS:TLSNYGet Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 112 shares, a drop of 96.9% from the July 30th total of 3,639 shares. Based on an average daily volume of 140,293 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

TeliaSonera Trading Up 1.2%

OTCMKTS:TLSNY traded up $0.11 during trading hours on Tuesday, hitting $9.28. 40,815 shares of the stock were exchanged, compared to its average volume of 65,270. The company’s 50 day moving average is $9.41 and its two-hundred day moving average is $9.94. TeliaSonera has a twelve month low of $7.33 and a twelve month high of $10.98. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $18.25 billion, a P/E ratio of 34.37 and a beta of 0.37.

TeliaSonera (OTCMKTS:TLSNYGet Free Report) last announced its quarterly earnings data on Friday, July 17th. The technology company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.14 billion. TeliaSonera had a return on equity of 9.20% and a net margin of 6.26%. On average, sell-side analysts anticipate that TeliaSonera will post 0.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TLSNY has been the topic of several research analyst reports. Berenberg Bank cut TeliaSonera from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. Barclays raised TeliaSonera from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Citigroup raised shares of TeliaSonera to a “strong-buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Analysis on TeliaSonera

About TeliaSonera

(Get Free Report)

TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.

The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.

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