Jefferies Financial Group Downgrades TELIA Co A B/ADR (OTCMKTS:TLSNY) to Hold

Jefferies Financial Group downgraded shares of TELIA Co A B/ADR (OTCMKTS:TLSNY) from a buy rating to a hold rating in a research note released on Sunday morning, The Fly reports.

A number of other equities research analysts have also issued reports on TLSNY. Zacks Investment Research raised shares of TELIA Co A B/ADR from a sell rating to a hold rating in a report on Friday, October 4th. ValuEngine raised shares of TELIA Co A B/ADR from a sell rating to a hold rating in a report on Friday, October 11th.

Shares of TELIA Co A B/ADR stock opened at $8.51 on Friday. The firm has a market cap of $17.90 billion, a PE ratio of 17.01 and a beta of 0.34. TELIA Co A B/ADR has a 12-month low of $8.21 and a 12-month high of $9.66. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 1.09. The company’s fifty day simple moving average is $8.69 and its two-hundred day simple moving average is $8.76.

The company also recently declared a Semi-Annual dividend, which was paid on Wednesday, November 13th. Shareholders of record on Thursday, October 24th were issued a $0.178 dividend. The ex-dividend date was Wednesday, October 23rd. TELIA Co A B/ADR’s dividend payout ratio (DPR) is presently 68.00%.

TELIA Co A B/ADR Company Profile

Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It also provides contact center, Internet of Things (IoT), hosting, managed Wi-Fi, and cloud and security services; data center and infrastructure services; IP-network solutions and system integration services; and financing solutions.

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